Chen, P H and Chang, L M (2002) Feasibility analysis of Taiwan high speed rail project. Journal of Construction Procurement, 8(1), pp. 64-78. ISSN 1358-9180
Abstract
Taiwan's prosperous economy in the past decades brought about a transportation bottleneck, which caused an urgent demand on an efficient and comfortable transportation system. After careful evaluation and comparison with other transportation means, the Taiwanese government selected High Speed Rail (HSR) to meet the need. The Taiwan High Speed Rail project is a Build-Operate-Transfer (BOT) contract with 13.4 billion US dollars. Starting with reasons for the need of HSR, reasons for adopting BOT, details of the Taiwan HSR project, and the feasibility analysis of the Taiwan HSR project will all be presented in this paper. The feasibility analysis comprises the comparisons of different transportation means, the financial feasibility analysis, and the benefits from HSR. Finally, conclusions of this paper will be drawn.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | high speed rail, build operate transfer, self-financing ratio, feasibility analysis |
| Index terms: | Taiwan, build-operate-transfer, financing, high speed rail |
| Subjects: | economic analysis, contractual arrangements, infrastructure and transport systems, Geography |
| Topics: | Geographical Context, Engineering Principles, Procurement, Business Strategy |
| Descriptive scope: | 2 PC |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here