Railway Corporation Wins Tajikistan 'KSP Policy Advisory Project' Contract

The Korea Rail Network Authority has signed a contract for the "Preliminary Survey for the Construction and Operation of Urban Railways in Tajikistan" project.

According to the Rail Network Authority on the 2nd, this project is part of the "2023-2024 KSP Policy Advisory Project," led by the Ministry of Economy and Finance and implemented by the Export-Import Bank of Korea.

The KSP Policy Advisory Project is a knowledge-based development cooperation initiative that provides tailored policy recommendations to partner countries based on Korea's economic development experience and knowledge.

The project awarded to the Rail Network Authority is considered the first domestic urban railway construction-related policy advisory project targeting Central Asian countries with outdated railway networks at the periphery of the former Soviet railway system.

Through this project, the Rail Network Authority plans to share Korea's advanced railway systems and operational know-how locally and establish a foothold for Korean railway technology to enter the Central Asian railway market in the future.

The KSP Policy Advisory Project involves joint participation by the Rail Network Authority, Woosong University, and Daehan Consultant Co., Ltd.

Kim Han-young, Director of the Rail Network Authority, stated, "Winning the KSP Policy Advisory Project will serve as a foothold for entering the Central Asian railway market, starting with Tajikistan. The Rail Network Authority will continue to strive to promote active overseas railway market entry through win-win cooperation with private companies."

Meanwhile, the Rail Network Authority and Tajikistan began exchanges in 2021 through the global railway training program led by the Ministry of Land, Infrastructure and Transport. Subsequently, in March last year, the Rail Network Authority and the Tajikistan Ministry of Transport signed a railway cooperation memorandum of understanding and have continued active railway technology cooperation activities.

The Rail Network Authority explained that securing the Tajikistan urban railway policy advisory project is the first fruit of this cooperative process.

This content was produced with the assistance of AI translation services.