South Korean government faces flak for railway reform plan
Published on Dec 29, 2013 3:09 PM
SEOUL (AFP) - South Korean opposition lawmakers on Sunday stepped up criticism of the government's plan to reorganise the state railway, a day after a mass rally in protest at feared layoffs.
The government this month announced a plan to spin off part of state-run Korea Railway (Korail) and allow other state-run firms to buy the shares in the spinoff.
It said the move was aimed at revitalising the debt-ridden railway, that has suffered from chronic and growing losses.
But thousands of railway workers including train drivers suspect the move is a prelude to privatisation along with mass layoffs and pay cuts, and have staged a partial strike since December 9.
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