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Moscow Yekaterinburg Berlin London Brussels Minsk Warsaw Omsk On Track for Asia Paris Novosibirsk and Beyond Riom TSR Bordeaux Marseille Madrid Irkutsk Ulan-Ude Karimskaya Rome Aktogai Manzhouli Sevilla Istanbul Khavarovsk On Track for Asia On Track Ulaanbaatar TMR Urumuchi TMGR Harbin Changchun Vladivostok Teheran Shenyang TCR Beijing Khasan Tianjin and Beyond Sinuiju Pyeongyang Zhengzhou New Delhi Seoul Nanjing Dhaka Dali Shanghai Busan Mokpo Guangzhou Mandalay Hanoi Hong Kong Yanggon Bangkok Ho Chi Minh Kuala Lumpur Singapore Daejeon Government Complex, 139 Seonsa-ro, Seo-gu, Daejeon Metropolitan City, Korea TEL 82-1544-7788 FAX 82-42-472-3024 www.korail.com Overseas Offices Paris 33-1-4562-0142, 0114 Tokyo 81-50-7535-0228 Beijing 86-10-6479-5561 Welcome to Korea Railroad Corporation A sustainable prospective future starts out from Korea Railroad Corporation’s platform energetically stepping forward toward the green growth in the 21st century. Korea Railroad Corporation, in an attempt to open a sustainable world where man and nature coexist, greets the 21st Contents century, the era of green development to start a railroad renaissance having the safest, most accurate and Our Journey 01 Welcome to KORAIL environmental way of transport. 08 CEO's Message 10 Mission & Vision Our Future Having its basis through the best technology and competitive 14 Global Leader 16 Sustainable Growth power, Korea Railroad Corporation invites you to its long 18 Excellence in Service march making a future rich in energy, environment, Our Businesses 22 Passenger Services and prosperity. 24 Metropolitan Transit 25 Freight Logistics 26 Other Businesses 27 Affiliates Our Strengths 28 Management Innovation 30 Environmental Stewardship 31 Community Service 32 People & Technology 33 International Activities 34 Making Connections 40 Milestones 300 km/h KTX Maximum Operating Speed Times are Changing...Fast In the first decade of the 21st century, Korea Railroad Corporation has sparked a renaissance in rail travel. Our 300 km/h Korea Train eXpress or KTX—the world’s fifth high-speed rail service—surpassed the 100-million passenger milestone within three short years of its April 2004 launch. This combination of superior speed and safety is enabling us to revolutionize Korea’s transportation industry as we continue to accelerate the pace of change. KORAIL PASS NO. 01-592218 KORAIL PASS NO. 01-592310 110 Years of Credibility Within seven years of the launch of Korea’s first rail service in late 1899, the first Trans-Korea Railway line was in place, linking the port of Busan on Korea’s southern tip with Sinuiju on its northern border with China. In the century that has passed, Korail has helped Korea grow and prosper in countless ways. With the basis of hard labor and world’s best competitive power technology that cultivated 110 years of experience, Korea Railroad Corporation now goes beyond the Korean Peninsula to flourish railroad’s renaissance worldwide. Long-Term Credit Ratings from Standard & Poor’s and Moody’s A, A2 KRW600mn The yearly reduced amount of energy and CO2 discharge cost when the railroad’s transportation expense rate is increased by 1% Amidst the 21st Century’s Green Growth! The agenda in the 21st century is conceptualized by the world of eco-environment. With only the rise of 1% of transportation expense rate, a yearly cost of energy and CO2 discharge worth 600 billion won is reduced. Korea Railroad Corporation, the world’s fifth rapid transit railway, will use its successful management know-how to start a railroad renaissance within the country and globally for mankind to the sustainable green development. KORAIL PASS NO. 01-645246 CEO’s Message Our Goal is the “World’s Best, Korean Railroad” We have run faithfully as ever for 110 years. Since the Gyeongin line launched its first service in 1899, Korean railway has carried the energy of change to every corner of Korea to play the role of a secure main artery of modernization and industrialization. Korean railway, which took off one step more, with the launch of the KTX service in 2004, has turned the whole country into a half-day life area, vitalizing the national economy and creating a new life style. And right now, a dramatic leap for Korean railway is right in front of you. At this time, when railway is in the global limelight as the safest, most punctual, and environmentally friendly mode of transportation, we will turn this trend into a firm turning point towards a railway renaissance era. The goal that we would like to achieve through the renaissance of Korean railway is, the “World’s Best, Korean Railroad.” Outside, we will stretch out everywhere in the global community with our successful operational know-how of the world’s fifth high speed train. Inside, we will let people consider railway as the friendliest mode of transportation through our best quality service. The flag of Korean railway is being waved all around the world and in times of travel inside Korea, railway comes to our mind first — It is the features of the “World’s Best Korean Railroad,” that we are dreaming of. These are the true features of an advanced railway. Our great challenge has already begun. We will be the railroad that the railways of the world will try to follow; Korean Railway rewrites the standard of the world’s railways. Huh, Joon-Young President & CEO of Korea Railroad Corporation 08 + 09 Mission & Vision Becoming a World-Class Diversified Transportation Group When we formally incorporated as Korea Railroad Corporation in January 2005, we also adopted a new vision and mission to guide us through the most challenging transition in our history. The mission ‘Green Network creating a rich life’ offers environmental and sustainable service, and promises a railroad network where we can coexist with the natural environment. In order to accomplish this, ‘Great KORAIL which raises the value of time and space’ vision is setup and is being concentrated at its utmost. It will offer the finest service to give sensation, it will lay an independent management foundation with the expansion of rapid transit railway’s area and the activation of a subsidiary enterprise, and it will offer a better life with an environmental and sustainable management facing the future. Our Mission Green Network which creates a rich life Korea Railroad Corporation offers a sustainable railroad conveyance service with other various services and will do its utmost to create a new life value and to enrich national life. Our Vision Great KORAIL which raises the value of time and space The speed service will be continuously renovated and the space of life culture will be expanded, and it will contribute to the national competitive power to be the ‘World’s Best Korean Railroad’. 10 + 11 Our Future is Right on Track At Korea Railroad Corporation, the future isn’t some abstract concept. It’s a vision of global leader, sustainable growth, and excellence in service that we’re bringing closer to reality with each passing day. The future is just around the bend. And we’re ready to deliver it. 12 + 13 Global Leader and management know-how with regard to the railroad Our Future is system’s infrastructure construction is the key reasons Korea Railroad Corporation is vividly noticed in the railroad history. Transcontinental Korea Railroad Corporation has its basis on the best competitive power technology in railroad’s construction and management know-how, and is taking the lead as Korea’s The new paradigm of the 21st century’s global business is International operations new growth engine of 21st century. It has the whole world as Korea Railroad Corporation has 110 years of environment-friendly economy. In this change of paradigm, its target to build and manage railroad system experience in railroad system’s infrastructure for countries all over the world pursuing green development construction and management. Korea infrastructures, investigate project feasibility, manage railroad is in the spotlight of being the safest, most accurate Railroad Corporation’s ability in international processes, maintain, educate, advise in the construction and operations has already been affirmed with and environmental way of transport. EMU’s technical tie-up and consulting management of information systems, and promote actively With the greet of railroad’s renaissance all countries are business in Malaysia and with commissional various international operations concerning railroad. education of double track railroad paying attention to Korea Railroad Corporation, which has construction in Libya. International 110 years of management know-how and is successfully operations are processed with project feasibility, process management, managing the world’s fifth rapid transit railway system. maintenance, education, and advice in the Having the world’s finest competitive power technology construction and management of information systems. KTX-II(Korean rapid transit train) KTX-II is a new rapid transit train manufactured with the technology within the Yekaterinburg country. With the completion of KTX-II, our Moscow country has reached a rank in the Berlin London technological nation where rapid transit trains Brussels Minsk Omsk are manufactured and managed by our own Novosibirsk following Japan, France, and Germany with a PARIS TSR velocity greater than 300km. KTX-II came to Riom birth with safety, comfort, quietness, softness and trust, and will be on service from the Ulan-Ude Madrid Marseille Rome second half of year 2009. Karimskaya Aktogai villa Manzhouli Istanbul Khavarovsk Ulaanbaatar TMR Urumuchi TMGR Harbin Vladivostok Teheran Shenyang TCR I“ can’t forget October of 2008, when the Korean BEIJING Khasan rapid transit train KTX-II had its test operation Sinuiju and the people who watched it were deeply Seoul Zhengzhou Transcontinental railway impressed by its majestic appearance. The birth of Busan Mokpo TOKYO The dream of the transcontinental railway the rapid transit train KTX-II was a commemorate Shanghai that links the Korean peninsula and the of leaving Korea Railroad Corporation’s name on Dali continent will keep on.