Increased Cooperation
Korea National Railway announced on July 26 that it had signed a memorandum of understanding (MOU) with Kyrgyz Railways for cooperation between the two entities, including a signal modernization project at Balykchy Station.
Through this MOU, the two organizations will establish and operate a working group for systematic railway cooperation, and share information, technology, and experience related to the Balykchy Station signal modernization project, among other areas of mutual cooperation.
The Korea National Railway plans to conduct its own feasibility study in the second half of this year with the aim of getting the Balykchy Station signal modernization project selected for the 2025 Ministry of Land, Infrastructure, and Transport Official Development Assistance (ODA) project and securing the project contract. Balykchy Station is the terminus of the northern railway line in Kyrgyzstan.
Kim Han-young, chairman of the Korea National Railway, expressed his hopes by saying, “With the signing of this memorandum of understanding, we hope that exchanges and cooperation on railway projects between the two countries will continue to expand.”