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  [KRRI News] 1st anniversary of KTX observed
  2005-04-15    
     
 


1st anniversary of the KTX operation was held at Lotte Hotel on Arpil 8


On the event of the 1st anniversary of the KTX operation, KRRI cohosted

a commemorative ceremony with Korean Railroad at Lotte Hotel on April

8. Under the major theme of "KTX operation for the past year and the

future of the Korean railroad", the international event attracted as many

as 200 rail experts who had a heated discussion at the seminar in a bid

to set directions toward the future of the railroad industry.


Yamada Hideyuki, principle consultant of Nomura Research Institute in

Japan commenced the event with his presentation titled "Shinkansen

effects on regional economy' where he underlined that the bullet train

does not guarantee regional developments, on the contrary "it could

bring about economic ebb of a town given the Straw Effect kicks in (high

speed train reduces journey time and functions of small cities get

absorbed into big ones)", he added. As an exemplary case, he compared

two cities of Kagoshima Prefecture and Kumamoto Prefecture in which

both GDP figures stand similar.

Korea went through a spitting image of the case as Dr. Mun-Ku Huh with

Korea Institute for Industrial Economics and Trade proved in his speech

titled "KTX and regional economy". "While industry-condensed cities with

mega economy ended up cutting down on costs of logistics, other

regions failed to get benefits." he stressed.


Chun-Seh Lee, High speed rail project team leader of Korean Railroad

described their plan to set up a rail network aimed at two hour travel time

for any destination in the nation by the year 2020 when he spoke on

"achievement of KTX and future plans." According to the plan, the 2nd

phase of rail construction will be complete by year 2010 down to Busan

and build exclusive rails for Honam line by 2015 envisioning the

construction of the so called "Iron silk road".


On the system stability and technology of KTX, Dr. Kyung-Yeol Chung

with Korea Institute of Industrial Technology reiterated the importance of

forming a special organization for maintenance check-up and overall

control of the system.


Dr. Kang-Yun Choi with Korea Railroad Research Institute described the

efforts KRRI has been making for smooth operation of KTX including

technical consultation. He also promoted some of the projects going on

of the institute; HSR-350x, Light rail transit and Tilting train express.
 


Shown from left are Dr. Nam-Hee Chae, KRRI president, In-Hye Choi, vice president of Korean Railroad, Young-Chul Choi from Transportation and Policy Division of MOCT and Soo-Il Chung, vice chairman of Korea Rail Network Authority with opening address
 

 
 
 
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