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Press Release

■ Hyundai E&C and KRRI sign an MoU to develop railway construction technology and promote the advancement of the industry


■ Strengthens cooperation in the future mobility sector through core transportation and logistics infrastructure technologies and verification/demonstrations


■ Expands joint use of research facilities, technical demonstrations, research/project consultations, training/seminars, and policy exchanges



MoU signing ceremony between Hyundai E&C and the Korea Railroad Research Institute (KRRI).


Hyundai E&C is expanding its research and development in the future transportation and logistics infrastructure sector in cooperation with a specialized national research institute.


Hyundai E&C announced that on Friday, July 10, it signed a Memorandum of Understanding (MoU) for the "Establishment of a Mutual Cooperation System for the Development of Railway Construction Technology and Advancement of the Industry" at the Korea Railroad Research Institute (KRRI). The signing ceremony was attended by key officials from both organizations, including Kim Jae-young, President of the HMG Construction Technology Research Institute(the integrated R&D arm of Hyundai E&C and Hyundai Engineering), and Sagong Myung, President of KRRI.


The agreement was established to strengthen technology development cooperation across the entire railway construction and infrastructure sector and to encourage the commercialization of research achievements. The two organizations plan to build a long-term cooperative framework by expanding joint research and exchanges in core infrastructure technologies and sharing research facilities and equipment.


Hyundai E&C and KRRI will share the latest technology trends in the future mobility infrastructure sector, such as Beyond-Track Space (BTS) and underground railway logistics delivery systems, and seek concrete opportunities for cooperation from diverse angles moving forward.

Beyond-Track Space (BTS): A future-oriented railway infrastructure concept that enhances urban space utility through multi-dimensional development and utilization of the space surrounding railway tracks.


In addition, in conjunction with the development of core sub-vacuum technologies for ultra high-speed hypertubes in which both organizations are participating, they will continue research and development cooperation in the future transport infrastructure field. They also plan to expand cooperation in a wide range of areas, including technical verification and demonstrations for the application and commercialization of railway technologies, research and project consultations, training and seminars, and policy exchanges.


A Hyundai E&C official remarked, "This agreement will serve as an opportunity to further strengthen research and development cooperation to secure future engines of growth in the railway sector." The official added, "Based on our accumulated engineering technology and on-site execution experience, we will continue to bolster core technologies in the future railway infrastructure sector and enhance our technical competitiveness to proactively respond to the changing transport ecosystem."


A KRRI official stated, "Railway infrastructure is one of the key foundations of the national transport network. It requires technical improvements that consider not only safety, construction feasibility, and maintainability, but also connectivity with future urban spaces." The official added, "Through this agreement, KRRI will expand demand-oriented research cooperation with the industry, contributing to the practical application of core technologies and the enhancement of national railway technology competitiveness."