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South Korean government faces flak for railway reform plan

Published on Dec 29, 2013 3:09 PM
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Members of Korean Confederation of Trade Unions stand face to face with South Korean policemen at their head office in Seoul on Dec 22, 2013. South Korean opposition lawmakers on Sunday, Dec 29, 2013, stepped up criticism of the government's plan to reorganise the state railway, a day after a mass rally in protest at feared layoffs. -- FILE PHOTO: REUTERS

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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