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Advancement of 5G-based railway communication system by the Ministry of Transportation and Communication

business overview

Country (trade office) Finland (Helsinki)
Project name Advancement of 5G-based railway communication system by the Ministry of Transportation and Communication
Business Category Transportation/Logistics
Overseas ordering company Finland Ministry of Transport, etc.
project schedule (2021-2026) Development and demonstration project
(2040) Commercialization
financing EU RRF Fund, Finnish Government
Scale $19 billion (€8,000 billion)
Project period 2021-2040

Detail

Main Content
  • For the Finnish introduction of the European Rail Traffic Management System (ERTMS)
    Railway communication system improvement project
    – Requirement to establish 5G-based railway mobile communication system (FRMCS, Future Railway Mobile Communication System)
    – 2020 research report publication, 2021-2026 development and demonstration projects
    – Target commercialization by 2040
    – Of the total project budget of $19 billion (€8 billion), $17 million (€1 million) is allocated for development and demonstration projects
    (RRF fund $9 million (including EUR 9 million)
    * Related Links: Digirail Project
    (https://www.lvm.fi/en/-/digirail-pursuing-theeuropean-lead-in-rail-transport-1421083)
Reason for selection
  • Digital Transformation Projects Leveraging the European COVID-19 Recovery Fund
  • Improvement of railway communication using Korea's strength 5G communication network

entry plan

opportunity factor
  • Opportunities for Korean companies by building communication networks using 5G networks
Threats
  • Finnish government agencies and public companies are leading the research service, so it is unclear whether overseas companies will be approved or not
  • For the purpose of the EU TEN-T project, it is advantageous for companies participating in projects in other EU countries.
local collaboration
possible company
Other notes
  • Before announcing a plan, such as a concrete demonstration project, it is necessary to examine the possibility of future advancement.
  • Local public procurement notice site due to high possibility of public procurement https://www.hankintailmoitukset.fi/en/ etc.
    Confirmation of procurement notice