It Takes 10 Years from Production Decision to Operation
A Budget of 5 Trillion Won Needed... "The Government Must Provide Active Support"
KORAIL announced on the 14th that it needs to prepare for the replacement of the KTX-1, which has been in service for over 20 years. The expected lifespan of the KTX-1 is 30 years.
At the Korean Society of Transportation conference held at the Korea Science and Technology Center in Gangnam-gu, Seoul, KORAIL made this announcement under the theme "Introduction of New Trains Due to the Arrival of KTX Lifespan." Currently, there are 46 KTX-1 trainsets in operation, accounting for 73% of high-speed rail passenger transport as of last year.
High-speed trains running at speeds over 300 km/h take about 10 years from the decision to manufacture to actual operation. KORAIL emphasized, "To ensure stable transportation services and the public’s right to mobility until 2033, when a large-scale replacement is expected, the replacement process must begin now."
Participants agreed that the introduction of new trains will serve as a foundation to enhance railway safety and provide the public with safe and efficient transportation services.
There was also an analysis that a budget of about 5 trillion won will be required in this process.
KORAIL reported that participants unanimously called for "the government to actively support finances and expand investments in railway safety."
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