Taiwan's HSR and the financial crises of the Taiwan High Speed Rail Corporation

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)12_Chapter in an edited book (Author)Not applicablepeer-review

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Detail(s)

Original languageEnglish
Title of host publicationHigh-Speed Rail and Sustainability
Subtitle of host publicationDecision-making and the political economy of investment
EditorsBlas Luis Pérez Henríquez, Elizabeth Deakin
Place of PublicationLondon
PublisherRoutledge
Chapter8
Pages119-126
ISBN (Electronic)9781315709406, 9781317485841
ISBN (Print)9781138891975, 9781138625884
Publication statusPublished - 22 Dec 2016

Publication series

NameRoutledge Explorations in Environmental Studies
PublisherRoutledge

Abstract

Taiwan’s high-speed rail system (HSR), which began operation in 2007, runs at speeds up to 300 km/h over 345 km of track from Taipei, the national capital, to Kaohshiung in the south. While it initially was planned as a government project, in the mid-1990s the Taiwan HSR project was reconceived in order to tap into private capital and private sector know-how. The project became a publicprivate partnership (PPP) in which the government handled land acquisition, the construction of one main tunnel and the Taipei Main Station, and agreed not to build a competing line. A build-operate-transfer (BOT) scheme was set up to build and run the new system under a 35-year concession to the private operator. The US $18 billion project, managed and operated by the Taiwan High Speed Rail Corporation (THSRC), was at the time of construction one of the largest build-operate-transfer projects in the world.

Citation Format(s)

Taiwan's HSR and the financial crises of the Taiwan High Speed Rail Corporation. / Ni, Jason; Chang, Jason; Kao, T.C.

High-Speed Rail and Sustainability: Decision-making and the political economy of investment. ed. / Blas Luis Pérez Henríquez; Elizabeth Deakin. London : Routledge, 2016. p. 119-126 (Routledge Explorations in Environmental Studies).

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)12_Chapter in an edited book (Author)Not applicablepeer-review