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Announcement of Forty Million US Dollars Loan for a Fourth Railroad Project in Korea on November 16, 1972 (英语)

This press release announces on November 16, 1972, that the World Bank loan of forty million US dollars was approved to help the Korean National Railroad (KNR) increase its capacity and meet the long-term needs of increased traffic resulting from the rapid growth of the economy. The project includes electrification of KNR lines in the Seoul suburban area and provision of electric railcars, and completion of the already started electrification of KNR...
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