Taiwan’s high-speed rail project, which cost a total of $18 billion, is one the world’s largest privately funded rail construction plans. The country’s THSR 700T trains have cut travel time from 4.5 hours to 90 minutes on the 214-mile route from the northern capital of Taipei to the southern city of Kaohsiung. The 30 high-speed trains, which began operations in 2007, are based on the Japanese 700 Series Shinkansen “bullet train” model. A record 36.9 million passengers rode the trains in 2010, a 14 percent increase from the year before. The country’s high-speed rail system has been making headlines recently after the government said the network might not last more than 10 years because of sinking land caused by the overuse of groundwater. Last month, the government said it would cap deep groundwater wells that threaten the structural base of the high-speed system.
SOURCE:http://2leep.com/bar.php?url=http://2leep.com/news/219530/0/more/
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