Korea Railroad Corporation (KORAIL) is expanding its operations in the Philippines by entering the procurement and purchasing sector for the MRT-7, following its role in operation and maintenance. The company plans to establish a maintenance supply purchasing system for the first three years after the line opens and aims to initiate purchasing contracts worth approximately $4 million with domestic and international suppliers in the second half of this year.
On September 30, KORAIL announced that it had signed an additional contract for 'MRT-7 Maintenance Supply Purchasing Consulting' with the San Miguel Group in the Philippines. This contract is a follow-up to the procurement and purchasing work for the MRT-7 operation and maintenance (O&M) project that KORAIL secured in April of last year.
The MRT-7 is a metro line under construction by the San Miguel Group in Metro Manila, spanning approximately 23 kilometers and connecting Quezon City and Bulacan with 14 stations. KORAIL was awarded the MRT-7 operation and maintenance project last year and is set to manage railway operations and vehicle and facility maintenance for the next ten years.
KORAIL will develop a maintenance supply purchasing plan for the first three years of MRT-7 operations, reviewing technical specifications, estimates, and contract conditions for each item. The company will also support the entire procurement process, including identifying domestic suppliers, conducting pre-manufacturing inspections, and providing technical advice during local inspections in the Philippines.
This procurement initiative will also connect domestic railway parts manufacturers to participate. In July, KORAIL held a business briefing session with over 30 domestic railway parts companies in the fields of vehicles, electricity, signaling, and power, facilitating one-on-one consultations between the San Miguel management and the companies.
San Miguel plans to purchase maintenance supplies for vehicles, electrical, and mechanical fields from domestic and international suppliers for 25 years after the MRT-7 opens. In the second half of this year, it will pursue maintenance supply purchasing contracts worth approximately $4 million, targeting around 20 companies.
KORAIL plans to support domestic companies' participation in supplying MRT-7 maintenance supplies by reviewing estimates and contract conditions and conducting quality inspections of manufactured products.
KORAIL President Kim Tae-seung stated, "We have expanded our procurement and purchasing operations for the Manila Metro Line 7 project, supporting domestic railway companies' entry into overseas markets."
* This article has been translated by AI.
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