Han Mun-hee, President of Korail, Signs MOU for Cooperation with Malaysia Railways

Korea Railroad Corporation (KORAIL) has initiated a business cooperation with Malaysia's representative state-owned railway company.

Han Moon-hee, President of Korail (right in the photo), signed a business agreement for mutual cooperation with Mohamed Rani Hisham Samsudin, President of Malaysia Railway (KTMB) (left in the photo), on the morning of the 23rd at the KTMB headquarters located in Kuala Lumpur. (Provided by Korail)

Han Moon-hee, President of KORAIL, and Mohamed Rani Hisham Samsudin, President of Malaysia Railway (KTMB), announced on the 23rd that they signed a business agreement to strengthen cooperation at the KTMB headquarters in Kuala Lumpur, Malaysia.

KTMB (Keretapi Tanah Melayu Berhad) is a Malaysian government-owned railway operating company established in 1992 with 100% government equity.

Han Moon-hee, who is visiting Kuala Lumpur to attend the International Union of Railways (UIC) Asia-Pacific General Assembly, promised mutual cooperation with KTMB to share railway operation technology and information and to jointly promote railway safety and service improvement.

The two organizations agreed to foster a friendly relationship through △ sharing knowledge and experience via mutual visits and exchanges △ cooperation for entering overseas railway markets △ collaboration in activities of international railway organizations such as UIC.

The signing ceremony was made more meaningful by the attendance of KTMB employees who have grown into key talents by participating in the ‘ASEAN and UIC training courses’ conducted by the KORAIL International Railway Training Center since 2014.

President Han Moon-hee said, "This agreement is meaningful as it allows us to expect practical cooperative projects in addition to past exchanges," and added, "Based on the partnership with Malaysia Railway, we will expand exchanges with major ASEAN countries."

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