DaATI, Wins 30 Billion KRW Egypt Railway Signal Modernization Project
[Asia Economy Reporter Hyunseok Yoo] Daia TAI, a domestic railway signal control system specialist, announced on the 24th that it has succeeded in winning an approximately 30 billion KRW contract for the Egypt railway signal modernization project.
This project involves modernizing a total length of 118 km and 14 stations on the Nagh Hammady - Luxor section over three years until 2024. It is being carried out with financial support from the Export-Import Bank of Korea’s Economic Development Cooperation Fund (EDCF).
The project supplies a signaling system that includes a centralized train control device that centrally controls train operation status and operational conditions from a central control center, and an electronic interlocking device that monitors the status of railway field equipment in real time to ensure safe train operation. Through this, the railway facilities will be improved to modernize Egypt’s railway signaling.
In the domestic railway market, which had relied on overseas technology, Daia TAI has localized core technologies to prevent capital outflow and has grown by leveraging excellent technological capabilities to enter not only the domestic but also the global market.
Based on the independently developed Centralized Train Control (CTC) technology, Daia TAI is responsible for building and maintaining the domestic railway control system. Starting with receiving the highest safety integrity level, SIL-4, for the first time outside European countries in the 2011 Gyeongchun Line high-speed project, it has secured SIL-4 certification for numerous railway signal products, establishing its position as a global technology company. In 2016, it succeeded in independently developing the CPU for the train control system, a first except for a few global railway companies, and obtained SIL-4 certification. It contributed to raising Korea’s railway signaling technology to a world-class level by commercializing it domestically and internationally.
As a result of research and development, in 2020, Daia TAI completed the development of KTCS-2 (Korean Train Control System) and achieved the remarkable feat of winning all three sections of the Jeolla Line pilot project with overwhelming technological superiority. Following KTCS-2, it completed the development of KTCS-M (Korean Urban Railway Signal System) through independent R&D and solely won the first section of the Ilsan Line pilot project. It was the world’s first to apply the 4th generation wireless communication-based railway communication network (LTE-R).
Daia TAI has not only developed unique technology domestically but also expanded overseas by installing the railway control system for the first phase of the Jakarta Light Rail Transit in Indonesia and successfully opening railways in the Philippines and Thailand by transferring technology. With the recent contract for the Egypt project, it has taken a further step in improving the poor railway facilities of developing countries based on excellent technology and promoting the technological prowess of Korean railway signaling systems globally.
Hot Picks Today
"It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Meanwhile, this project is the largest overseas contract in Daia TAI’s order history. By entering Egypt, an important strategic location, it is gradually expanding the scale of its overseas projects worldwide, following Indonesia, the Philippines, and Thailand.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.