Seoul Metro Signs 3.1 Billion KRW Consulting Contract for Railway Signal Modernization in Bangladesh

International Cooperation Project Funded by EDCF
Accelerating the Global Expansion of Korean Railway Technology

Seoul Metro (President Baek Ho) announced on October 20 that it has been selected as the preferred bidder for the railway signal modernization consulting project covering 20 stations in the western section of Bangladesh (Ishurdi to Parbatipur) and has completed contract negotiations.

Bangladesh vehicle. Provided by Seoul Metropolitan Rapid Transit Corporation.

The total project cost is 3.1 billion KRW, which will be funded by Korea’s Economic Development Cooperation Fund (EDCF). The final contract will be signed this month, and the project is scheduled to be fully implemented over a period of 41 months starting in November.

This project will be carried out by a consortium consisting of Seoul Metro, Gyeongin Technology, and Sam-An. The consortium will provide comprehensive support, including basic design and bid document preparation, assistance in selecting construction contractors, and consulting on operations and maintenance. This will contribute to enhancing the safety and efficiency of railway operations in Bangladesh.

Seoul Metro already has extensive experience in cooperation with Bangladesh. Since 2013, it has successfully completed the railway signal modernization project for 11 stations in the eastern region. Since 2018, it has also been responsible for consulting on passenger car procurement for Bangladesh Railway, overseeing manufacturer selection and production supervision. These achievements demonstrate that the company’s technological capabilities and reliability are highly regarded internationally.

Going forward, Seoul Metro plans to actively participate in large-scale railway projects being promoted by the Bangladeshi government. In particular, it aims to take part in consulting for the purchase of 260 passenger cars and in the construction supervision of the Dhaka MRT Line 5 Southern Section, which will span 17.2 km and include 14 stations, thereby proving the competitiveness of Korean railway technology on the global stage.

Baek Ho, President of Seoul Metro, stated, “This project is an international cooperation initiative funded by the EDCF, and it is another recognition of our company’s expertise and experience. We will do our utmost to improve Bangladesh’s railway infrastructure and further enhance the global standing of Korean railway technology.”

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