Railway · Taiwan

How much did Taiwan High Speed Rail cost to build?

Taiwan High Speed Rail is the BOT high-speed railway between Taipei and Kaohsiung built and operated by Taiwan High Speed Rail Corporation under a 35-year contract signed with the Ministry of Transportation and Communications in July 1998. Civil works started in March 2000, trial operation began in January 2007 and full operation in March 2007. A Legislative Yuan report based on the Control Yuan's investigation gives the actual construction cost as about NT$449.7 billion in June 2009, 42.1 billion or 10.33 percent above the NT$407.6 billion of the original investment plan, not counting the NT$105.7 billion of works the government was obliged to carry out.