<Expand Investment in Revamping Old Railway Facilities>
KR established the “Mid- to Long-term Plan (2018-2022) for Investment in Railway Facilities” and has been conducting strategic investment
in rapidly modernizing outdated railway facilities to meet increasing requirements on safety. Approximately 83% of the total budget was
invested in revamping old railways and expanding safety facilities, resulting in decreasing railway-related safety accidents by 32% from
19 in 2017 to 13 in 2018. KR plans to focus on modernizing over 30-year old seven lines in the capital region with the schedule to
complete by 2022, thereby pursuing ZERO old electric equipment and securing the stability of the train operation.
<Modernize Old Bridges>
KR has been carrying out large facility upgrade projects equivalent to new construction to modernize old railway bridges. We completed the
upgrade project (replacing steel material with steel-concrete composite) of Ieoncheon Bridge (located between Shindong Station and Jicheon
Station of t he S eoul-Bussan L ine) constructed in 1 934. T his p roject resulted in reducing noise and vibration drastically and minimizing
the damage to near farmlands from flood by decreasing the number of piers from 6 to 3. KR is currently modernizing Milyanggan Bridge
(total extension of 2,620 m), constructed 115 years ago, with the goal of completing in 2022. KR will continue to modernize outdated railway
facilities and bridges.
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