MAKE the WORLD CONNECTED Civil Engineering & Infrastructure
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Korea Railroad Corporation
KOREA RAILROAD CORPORATION Issue of U.S.$ 150,000,000 Floating Rate Notes due 2024 (the “Notes”) Issued pursuant to the U.S.$2,000,000,000 Medium Term Note Program Issue Price: 100% of the Aggregate Nominal Amount Issue Date: November 29, 2019 This investor package includes (a) the offering circular dated August 28, 2018 relating to the U.S.$2,000,000,000 Medium Term Note Program (the “Program”) as supplemented by the pricing supplement dated November 18, 2019 relating to the Notes (the “Offering Circular”), and (b) this document dated November 29, 2019 as the cover page to the Offering Circular (the “Investor Package”). The Notes will be issued by Korea Railroad Corporation (the “Issuer”). Application will be made to the Taipei Exchange (the “TPEx”) for the listing of, and permission to deal in, the Notes by way of debt issues to professional investors as defined under Paragraph 1, Article 2-1 of the Taipei Exchange Rules Governing Management of Foreign Currency Denominated International Bonds of the ROC only and such permission is expected to become effective on or about November 29, 2019. TPEx is not responsible for the contents of this Investor Package and no representation is made by TPEx as to the accuracy or completeness of this Investor Package. TPEx expressly disclaims any and all liabilities for any losses arising from, or as a result of, the reliance on, all or part of the contents of this Investor Package. Admission for listing and trading of the Notes on the TPEx is not to be taken as an indication of the merits of the Issuer or the Notes. -
Primary Sources
Primary Sources: "07편 잘살아보세, 박정희와 새마을 운동 1." YouTube. YouTube, 27 Apr. 2015. Web. 09 Dec. 2015. <https://www.youtube.com/watch?v=ARQxzRTjHhI> We used footage of Korean citizens working during the New Village Movement to reconstruct their local villages in the introduction of our video when we explained that the development of South Korea arose from the efforts of its citizens. We also used footage of Park Chunghee telling the Korean civilians that they must work diligently to make life in Korea better for all. We used this footage when explaining that Park Chunghee was the one who sent Koreans to Germany to work as miners and nurses. "1960년대 우리 나라." YouTube. YouTube, 27 Oct. 2012. Web. 01 June 2016. <https://www.youtube.com/watch?v=D9xhm34TZik> We used footage of Koreans working when the economy was underdeveloped to show how man power and determination, not resouces, were the main causes of South Korea’s economic development. We also used footage of Korea in the 1960s. The 1960s was when the Korean War happened, and the economy was at its worst. 1970. 중앙포토. KoreaDaily. Web. 9 Dec. 2015. <http://m.koreadaily.com/news/read.asp?art_id=706259&referer=> We used a photo of the finished Seoul Busan highway from this source. We used this photo when giving examples of the multiple ways Park Chunghee strived to develop Korea’s economy. Ahn Ongil (77). Personal interview. 2 November 2015 This was a studentconducted interview with a Korean man who traveled to Germany as a miner. -
KSP 7 Lessons from Korea's Railway Development Strategies
Part - į [2011 Modularization of Korea’s Development Experience] Urban Railway Development Policy in Korea Contents Chapter 1. Background and Objectives of the Urban Railway Development 1 1. Construction of the Transportation Infrastructure for Economic Growth 1 2. Supply of Public Transportation Facilities in the Urban Areas 3 3. Support for the Development of New Cities 5 Chapter 2. History of the Urban Railway Development in South Korea 7 1. History of the Urban Railway Development in Seoul 7 2. History of the Urban Railway Development in Regional Cities 21 3. History of the Metropolitan Railway Development in the Greater Seoul Area 31 Chapter 3. Urban Railway Development Policies in South Korea 38 1. Governance of Urban Railway Development 38 2. Urban Railway Development Strategy of South Korea 45 3. The Governing Body and Its Role in the Urban Railway Development 58 4. Evolution of the Administrative Body Governing the Urban Railways 63 5. Evolution of the Laws on Urban Railways 67 Chapter 4. Financing of the Project and Analysis of the Barriers 71 1. Financing of Seoul's Urban Railway Projects 71 2. Financing of the Local Urban Railway Projects 77 3. Overcoming the Barriers 81 Chapter 5. Results of the Urban Railway Development and Implications for the Future Projects 88 1. Construction of a World-Class Urban Railway Infrastructure 88 2. Establishment of the Urban-railway- centered Transportation 92 3. Acquisition of the Advanced Urban Railway Technology Comparable to Those of the Developed Countries 99 4. Lessons and Implications -
Construction Supervision
SAMBO ENGINEERING Corporate Profile To the World, For the Future Construction engineering is basically having big change as periodic requirements from “The 4th Industrial Revolution”. SAMBO ENGINEERING is trying hard to change and innovate in order to satisfy clients and react actively to the change of engineering market. SAMBO ENGINEERING provides total solution for the entire process of engineering such as plan, design, CM/PM, O&M in roads, railways, civil structures, tunnels & underground space development, transportation infrastructure & environmental treatment, new & renewable energy, urban & architecture planning for land development, water and sewage resource. Recently, from natural disaster such as earthquakes and ground settlement, in order to create motivation for stable profit system, we adapt BIM, perform topographical survey using Drones, design automation using AI, underground safety impact assessment as well as active investment for new & renewable energy such as solar and wind power plant. We accumulate lots of technologies and experience from R&D participation which develops and applies new technology and patent as well as technical exchange with academies and technical cooperation with major globalized engineering companies. SAMBO ENGINEERING will be one of the leading engineering companies in the future by overcoming “The 4th Industrial Revolution”. Algeria - Bir Touta~Zeralda Railway Project Armenia - Project Management for South-North Expressway Project Azerbaijan - Feasibility Study for Agdas~Laki, Arbsu~Kudamir~Bahramtepe -
Planning for Railway Station Network Sustainability Based on Node–Place Analysis of Local Stations
sustainability Article Planning for Railway Station Network Sustainability Based on Node–Place Analysis of Local Stations Joon-Seok Kim and Nina Shin * College of Business Administration, Sejong University, Seoul 05006, Korea; [email protected] * Correspondence: [email protected] Abstract: We principally focus on evaluating the local and entire network performance of railway stations for sustainable logistics management in South Korea. Specifically, we aim to address the issue of dealing with vulnerability in logistics dependent on the degree of connectivity. To resolve this issue, we investigate (i) the current level of local railway station sustainability performance from the perspectives of the value of the station (node) and the geographical location (place), and (ii) how railway station network management can prepare for imminent internal and external risks. Integrating node–place analysis and social network analysis approaches, we demonstrate a means of assessing (i) local railway station performance by comparing how one station’s value differs from that of other stations, and (ii) overall railway network performance by measuring the degree of connectivity based on the centrality characteristics. Consequently, we recommend improvement in planning orders considering the degree of local performance and network vulnerability for railway station network sustainability. Keywords: railway station; railway network sustainability; local station performance; railway network performance; node place analysis Citation: Kim, J.-S.; Shin, N. Planning for Railway Station Network Sustainability Based on 1. Introduction Node–Place Analysis of Local Stations. Sustainability 2021, 13, 4778. Recently, the COVID-19 pandemic has caused sudden supply chain disruptions in https://doi.org/10.3390/su13094778 many countries. To prevent the spread of COVID-19 effectively, several countries, such as the UK, France, and China, have placed lockdowns in populated areas. -
Table of Contents >
< TABLE OF CONTENTS > 1. Greetings .................................................................................................................................................................................... 2 2. Company Profile ........................................................................................................................................................................ 3 A. Overview ........................................................................................................................................................................... 3 B. Status of Registration ........................................................................................................................................................ 6 3. Organization .............................................................................................................................................................................. 8 A. Organization chart ............................................................................................................................................................. 8 B. Analysis of Engineers ........................................................................................................................................................ 9 C. List of Professional Engineers......................................................................................................................................... 10 D. Professional Engineer in Civil Eng.(U.S.A) .................................................................................................................. -
The Beginning of a Better Future
THE BEGINNING OF A BETTER FUTURE Doosan E&C CONTENTS Doosan Engineering & PORTFOLIO BUSINESS 04 CEO Message Construction COMPANY PROFILE 06 Company Profile 08 Corporate History 12 Socially Responsible Management 16 Doosan Group BUSINESS PORTFOLIO HOUSING 22 Brand Story 28 Key Projects 34 Major Project Achievements Building a better tomorrow today, the origin of a better world. ARCHITECTURE 38 Featured Project 40 Key Projects Doosan Engineering & Construction pays keen attention 48 Major Project Achievements to people working and living in spaces we create. We ensure all spaces we create are safer and more INFRASTRUCTURE pleasant for all, and constantly change and innovate 52 Featured Project to create new value of spaces. 54 Key Projects 60 Major Project Achievements This brochure is available in PDF format which can be downloaded at 63 About This Brochure www.doosanenc.com CEO MESSAGE Since the founding in 1960, Doosan Engineering & Construction (Doosan E&C) has been developing capabilities, completing many projects which have become milestones in the history of the Korean construction industry. As a result, we are leading urban renewal projects, such as housing redevelopment and reconstruction projects, supported by the brand power of “We’ve”, which is one of the most prominent housing brands in Korea. We also have been building a good reputation in development projects, creating ultra- large buildings both in the center of major cities including the Seoul metropolitan area. In particular, we successfully completed the construction of the “Haeundae Doosan We’ve the Zenith”, an 80-floor mixed-use building 300-meter high, and the “Gimhae Centum Doosan We’ve the Zenith”, an ultra-large residential complex for 3,435 households, demonstrating, once again, Doosan E&C’s technological prowess. -
Empirical Analysis for Impact of High-Speed Rail Construction on Interregional Dependency
applied sciences Article Empirical Analysis for Impact of High-Speed Rail Construction on Interregional Dependency Meina Zheng 1, Feng Liu 2 , Xiucheng Guo 1,* and Juchen Li 1 1 Jiangsu Key Laboratory of Urban ITS, School of Transportation, Southeast University, Nanjing 210096, China; [email protected] (M.Z.); [email protected] (J.L.) 2 School of Economics and Management, Southeast University, Nanjing 210096, China; [email protected] * Correspondence: [email protected] Received: 1 July 2020; Accepted: 27 July 2020; Published: 30 July 2020 Abstract: The opening of the high-speed rail (HSR) resulted in significant changes in the transportation network of Korea. The new HSR construction was expected to become a new engine of local economic growth. However, there was a controversy regarding whether the connection between regions intensifies the concentration of socio-economic activities in the metropolis (straw effect) or contributes to the balance of regional development (sprawl effect). More increasing attention had been devoted to studying the “straw effects” caused by the newly built HSR networks on interregional social-economic activities. Despite considerable research on the benefit achieved from HSR construction, little has focused on the negative externalities resulting from it. This paper examined the potential “straw effects” of two new HSR lines through constructing the indicator of interregional dependency that measured one city’s level of dependency on another one. In order to exclude the interference of lurking variables, five metropolitan cities were selected as case studies. The empirical results, based on a panel data model, revealed that the larger the economic scale of the target city, the lower the level of dependency on other cities, and there existed a “straw effect” on HSR development in terms of Seoul. -
World Bank Document
Document of The World Bank FOR OMCIAL USE ONLY i}1t 2 Get -Ko Public Disclosure Authorized R ort Nio. 5570-KD STAFF APPRISAL REPORT Public Disclosure Authorized KOREA SEOUL-BUSANCORRIDOR PROJECT Public Disclosure Authorized April 29, 1985 Public Disclosure Authorized Transportation Division Projects Department East Asia and Pacific l aonal Office This document has a resticted distibution and may be used by reciiets only in the performace of their official duties. Its contents may not otherwise be diselosed without World Bank authorization. CURRENCYEQUIVALENTS US$1 = W 860 (as of April 1985) US$1.16 = W 1000 US$1 million = W 860 million US$1,162 = W I million FISCAL YEAR January 1 - December 31 WEIGHTS AND MEASURES 1 meter (m) = 3.2808 feet (ft) 1 kilometer (km) = 0.62.mile (mi) I square kilometer (km2) = 0.3861 square miles (sq mi) 1 hectare (ha) = 0.01 km2 = 2.4711 acres (ac) 1 kilogram (kg) = 2.2046 pounds (lbs) I metric ton Cm ton) = 2.204.6226 pounds (lbs) 1.1023 short tons (sh tons or 2,000 lbs) 0.9842 long tons (Ig ton or 2,240 lbs) PRINCIPAL ABBREVIATIONSAND ACRONYMSUSED BPR - Bureau of Public Roads CTC - Centralized Traffic Control EPB - Economic Planning Board GOK - Government of Korea KEC - Korea Highway Corporation KHPA - Korea Maritime and Ports Authority KNR - Korean National Railroad MOC - Ministry of Construction HOER - Ministry of Energy and Resources MOF - Ministry of Finance MOHA - Ministry of Home Affairs MOT - Ministry of Transportation SMESRS - Seoul Metropolitan Electric Suburban Rail System TCC - Transport Coordination Committee - ± - 101FOOFFCIL USI ONLY KOREAL SEOUL-BUSANCORRIDOR PROJECT Table of Contents Page No. -
2011 JOINT CONSULTING PROJECTS with WB Case Studies
2011 JOINT CONSULTING PROJECTS WITH WB Case Studies of Korea’s Public-Private Partnership 1 2011 JOINT CONSULTING PROJECTS WITH World Bank (WB) 1. Overview 1.1. Project Background and Objective 1.1.1. Project background Between 2004 and 2011, the Korean Ministry of Strategy and Finance (MOSF) had provided customized policy consulting services for nearly 300 projects in 34 countries as part of the Knowledge Sharing Program (KSP). In 2011, the MOSF newly launched KSP joint consulting with Multilateral Development Banks (MDBs)1, developing the former bilateral partnership (between Korea and a partner country) to a trilateral partnership (among Korea, international organizations and a partner country). In this process, the MOSF concluded a memorandum of understanding (MOU) with five MDBs and established a foundation for joint consulting. In accordance with the MOU, the MOSF implemented KSP joint consulting through discussion with the MDBs including WB, ADB and IDB. KSP is a development partnership project that facilitates economic and social growth of developing countries by sharing Korea's experiences; offering policy research, consulting service and training programs customized to the recipient countries' demand and conditions; and supporting their institution-building and capacity-building efforts. The trilateral KSP, developed from the bilateral KSP, can benefit from regional expertise of the MDBs as well as Korea's experiences of economic development and provide customized consulting service to countries in need. Therefore, it will create synergy effects and deepen a cooperative partnership with the MDBs and with developing countries. 1.1.2. Project objective As part of KSP-MDB joint consulting project, the MOSF and World Bank Institute (WBI) 2 agreed to conduct case studies of successful Public Private Partnership (PPP) in Korea. -
Transportation Revolution: the Korean High-Speed Railway Kim Chun-Hwan
Feature 40 Years of High-speed Railways Transportation Revolution: The Korean High-speed Railway Kim Chun-Hwan operation hours, construction costs, and the Gyeongbu high-speed line was Background to Construction line capacity, a high-speed railway is two estimated to be about Won18.4258 trillion or three times better than a motorway or (US$1 = Won1,162) with some Won12.7377 The background to the high-speed railway conventional double-track railway. trillion needed for the first phase. Funds initiative in Korea goes back to the 1980s The project was launched by were raised from the government budget when the country was suffering from constructing a test track between (45% and including loans of 10% of the serious road congestion caused by a surge Cheonan and Daejeon in 1992. total) and from the budget of the Korea in car ownership (17% average annual However, the economic crisis of 1997 High Speed Rail Construction Authority increase). Significant congestion in the forced the government to change its plan (KHRC) (credits: 29%; foreign loans: 24%; Seoul–Busan corridor led to increased by constructing a new line between Seoul private funding: 2%). The difficult logistics costs and weakened industrial and Busan using electrified and upgraded economic circumstances in Korea at the competitiveness. Korea already has a conventional lines between Daegu and time required a number of measures to higher proportion of logistics costs to GDP Busan by 2004. This is to be followed by acquire foreign loans. Funding for (13.3%) than other advanced countries, construction of an entirely new line electrification of the Honam Line was creating an urgent necessity to relieve the between Daegu, Gyeongju, and Busan by provided entirely by the government. -
High Speed and the City
High Speed and the City High speed rail & the city September 2010 UIC International Union of Railways CONSULT S.A. High Speed and the city study Index 1. Introduction 1 2. Objectives of the study 1 3. Structure of the study 2 4. High speed and the city: the actors 2 5. The key issues 3 6. The benchmarking study 4 6.1 Cities and stations analysed 4 Barcelona 5 Berlin 7 London 9 Madrid 11 New York 13 Paris 15 Rome 17 Ankara 19 Beijing 20 Seoul 22 Taipei 24 Tokyo 25 6.2 Comparison of schemes 27 6.3 Comparison of indicators and conclusions 28 7. Recommendations: Lessons from HS experience 32 8. Acknowledgements 32 Annex: abstract of HS station cases graphs 33 References 34 High speed and the city study Graph index A. The actors B.8 Paris-CDG B.16 Taipei Main station A.1 Relationships Paris-CDG Pax B.8.1 Taipei Main station Pax B.16.1 A.2 Monetary flows Paris-CDG City B.8.2 Taipei Main station City B.16.2 A.3 Quality relationship Paris-CDG Operator B.8.3 Taipei Main station Operator B.16.3 A.4 Decision making Paris-CDG Infra manager B.8.4 Taipei Main station Infra manager B.16.4 B. The stations B.9 Paris-Gare de Lyon B.17 Tokyo station B.1 Barcelona Sants Paris-Gare de Lyon Pax B.9.1 Tokyo station Pax B.17.1 Barcelona Sants Pax B.1.1 Paris-Gare de Lyon City B.9.2 Tokyo station City B.17.2 Barcelona Sants City B.1.2 Paris-Gare de Lyon Operator B.9.3 Tokyo station Operator B.17.3 Barcelona Sants Operator B.1.3 Paris-Gare de Lyon Infra manager B.9.4 Tokyo station Infra manager B.17.4 Barcelona Sants Infra manager B.1.4 B.10 Paris-Gare du Nord C.