South Korea’s Hyundai Corp. is ready to start negotiating with South Korea’s government and multilateral lenders to win financing for a major part of track construction and for 10 high speed trains

South Korea’s Hyundai Corp. is ready to start negotiating with South Korea’s government and multilateral lenders to win financing for a major part of track construction and for 10 high speed trains, Eun Soo Choi, Hyundai’s vice president for commercial transport, told the Infrastructure forum. “We are ready to provide financing for several projects,” he said in a video address. He said that Hyundai will spend $2 million for a pre-feasability study for the high speed rail network. Next month, Ukrzaliznytsia and Infrastructure Ministry officials are to travel to South Korea to advance discussions.