Particle.news
Download on the App Store
3 ARTICLES
·
6h ago

South Korean Consortium Advances in $13.6 Billion UAE High-Speed Rail Bid

Seoul's focus on technology transfer and timely delivery strengthens its position against Chinese competition for the Abu Dhabi-Dubai rail project.

South Korean Transport Minister Park Sang-woo (R) and Kim Young-tae (C), secretary general of the International Transport Forum (ITF), are seen attending the 2025 ITF Summit held in Leipzig, Germany, on May 21, 2025, in this photo provided by the ITF. (PHOTO NOT FOR SALE) (Yonhap)

Overview

  • The South Korean consortium, including Korea National Railway, Hyundai Rotem, and Posco E&C, has passed pre-qualification for the UAE's high-speed rail project bid.
  • The $13.6 billion project aims to construct a 150-kilometer rail link between Abu Dhabi and Dubai, with operations targeted for 2030.
  • South Korea emphasizes technology transfer, localization, and on-time delivery, contrasting with China's price-focused approach.
  • Transport Minister Park Sang-woo highlighted the consortium's competitive edge during the International Transport Forum in Leipzig on May 21, 2025.
  • Seoul is concurrently advancing hydrogen-powered train development, aiming for commercialization by 2028 to bolster its global leadership in green transport technology.