Chairman Kim Han-young of Korea National Railway (KR) participated in the Global Infrastructure Cooperation Conference (GICC) 2023, which was held in Seoul from Sept. 19 to Sept. 20.
KR Chairman Kim held meetings with Colombian and Mongolian ranking officials to conduct sales activities to export so-called ‘K-railway” technology to global markets.
KR Chairman Kim held a meeting with Colombian Transportation Minister William Camargo Triana and discussed matters of interest, such as “Metro No. 4 and No. 5” projects, to be awarded by Colombia.
During the meeting, Chairman Kim introduced to Colombia side the GTX construction project, the next-generation Korea Train Control System Level 2 (KTCS-2), developed based on the world’s top mobile telecom technology LTE-R, and high-speed track technology to raise a possibility of winning the Colombian projects.
KR Chairman Kim met with Sukhbaatar Jamiyankhorloo, chairman of Ulaanbaatar’s traffic easing committee, and discussed ways of cooperating in the Ulaanbaatar Metro Project, to be launched in 2024.
Both sides exchanged views on the environment on the operation of Ulaanbaatar’s railway systems and the direction of the implementation of the project as well as the successful dedication of a project to build a signal communications system between Tavantolgoi and Junbayan, being implemented by KR.
KR Chairman Kim said, “The active exchanges with foreign procurement countries have served as opportunities to grasp the countries’ needs related to railway, we will do our best to land foreign projects by reflecting related needs so Korean companies can participate.”
Chairman Kim Han-young discussed views on digital transformation while touring Korea Airports Corp. on Sept. 8. (Photos: KR)
KR, KAC Join Forces to Cooperate on Digital Transformation in Railway and Aviation Sectors
Korea National Railway and Korea Airports Corp. (KAC) struck an MOU on mutual technology exchange and cooperation to lead future railway and aviation sectors based on digital twin technology.
A digital twin is a virtual representation of an object or system that spans its lifecycle, is updated from real-time data, and uses simulation, machine learning and reasoning to help decision-making.
Under the deal, a digital twin technology will be introduced into the overall railway infrastructure to comply with the current government’s state goal of realizing a digital platform government.
Both sides are expected to have prominence of the so-called K-railway known abroad by jointly entering overseas markets based on building railway-aviation connectivity transportation networks and digital transportation system operation technology.
KR also plans to establish mid- and long-term plans to build a digital twin integration management system, combining overall areas, such as railway design, construction, maintenance/repair and facility/asset management, with big data, IoT and AI technologies by making the most of building information modeling (BIM) and digital twin and implement it on a gradual basis.
Building Information Modeling (BIM) is a digital representation of physical and functional characteristics of a facility.
KR Chairman Kim said, “The agreement will serve as an opportunity for the whole of the railway industry to undergo digital transformation, thus raising the competitiveness of digital technology so railway can play a pivotal role as core transportation means in the 4th Industrial Revolution era.”
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