KORAIL Expands Philippine MRT-7 Project into Procurement, Supporting Korean Rail Suppliers
Korea Railroad Corporation (KORAIL) is expanding its role in the Philippines’ Metro Rail Transit Line 7 (MRT-7) project from operations and maintenance to the procurement of maintenance parts, creating new opportunities for Korean railway suppliers to enter the Philippine market.KORAIL said on Sept.
KORAIL, the Korea Railroad Corporation, is expanding its involvement in the Philippines' Metro Rail Transit Line 7 (MRT-7) project by entering the procurement of maintenance parts, providing new opportunities for Korean railway suppliers. The expansion follows a 120 billion won operations and maintenance (O&M) agreement signed with the Philippine conglomerate San Miguel Group in April of the previous year.
KORAIL will support the establishment of a maintenance-parts procurement system for the railway's operations after opening, covering various aspects of the procurement process, including purchasing plans, technical specification reviews, supplier identification, and quality inspections. This move not only enhances San Miguel's sourcing capabilities but also opens doors for Korean railway parts manufacturers to participate in the MRT-7 maintenance supply chain.
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