Are you an EPFL student looking for a semester project?
Work with us on data science and visualisation projects, and deploy your project as an app on top of Graph Search.
Concept
Korail
Summary
The Korea Railroad Corporation (Korean: 한국철도공사, Hanja: 韓國鐵道公社), branded as KORAIL (코레일, officially changed to 한국철도, 韓國鐵道 in November 2019), is the national railway operator in South Korea. Currently, KORAIL is a public corporation, managed by Ministry of Land, Infrastructure and Transportation.
KORAIL operates intercity/regional, commuter/metro and freight trains throughout South Korea, and has its headquarters in Daejeon.
Rail transport in South Korea
Historically, the South Korean railway network was managed by the Railroad Administration Bureau of the Ministry of Transportation before 1963. On 1 September 1963, the bureau became an agency that was known as Korean National Railroad (KNR) in English. In the early 2000s, the split and public corporatization of KNR was decided by the South Korean government, and in 2003, KNR adopted the current KORAIL logo in blue to prepare for corporatization. On 1 January 2005, KNR was split into Korea Railroad Corporation (KORAIL), which succeeded railway operation with the KORAIL logo and name, and Korea National Railway (KNR), which succeeded in railway construction and maintaining tracks.
Fares are set according to distance.
KORAIL has posted losses every year for the last decade, with the exception of 2015.
In 2021 alone, the deficit was 1.1081 trillion won.
As of the end of 2021, the cumulative deficit is 18.66 trillion won.
Rail fares have been frozen since they were raised by 4.9% in 2011.
In the 2021 public institution management evaluation, KORAIL was given the lowest grade of E (extremely unsatisfactory).
Rail transport in South Korea
Excluding the other high-speed service provider, SR, South Korean high-speed and intercity services are provided by KORAIL. Currently, KORAIL provides 5 classes of railway and metro services.
KTX
KTX (Korea Train eXpress) is currently the highest class of KORAIL services. KTX services are provided on the Gyeongbu HSR and Honam HSR, as well as their branches such as Gyeongjeon Line, Donghae Line, or Jeolla Line.
Official source
About this result
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.