The Memorandum of Understanding was signed by Rail Safety and Standards Board and Korea Railroad Research Institute at the International Trade Fair for Transport Technology – InnoTrans which was held in Berlin.

The companies will work together in order to bring improvements in rail safety including:

• Research and development or technology, including data-based safety management technology.
• Sharing experiences and best practices regarding technical issues including safety assessment methods, rail accident investigation, statistics, and human or organisational factors.
• Enhancement in safety initiatives covering areas such as research and studies on emerging safety issues as observed by data analysis.

Created in 2003 Rail Safety and Standards Boards the British company aids the rail industry in providing a safer railway and provides information and guidance for the industry as a whole such as operations, standards, wellbeing, sustainability, infrastructure rolling stock asset integrity, customer satisfaction, performance, and safety.

RSSB’s Chief Commercial Officer, Paul McLaughlin said: “RSSB and KRRI bring decades of knowledge, data, analysis and experience to our respective railways. We will now be able to identify opportunities for collaboration, solving shared problems and unlocking potential for the future.

“Closer collaboration between RSSB and KRRI will ensure new technology and new thinking can be applied safely, driving further improvements in railway health, efficiency, sustainability, and performance.”

KRRI’s President, Dr Seok-youn Han said: “RSSB’s profound insight into railway safety and KRRI’s diverse research activities on various railway areas will create a safer railway for every stakeholder in the rail sector.”