Abstract
This study aims to identify some possible issues and challenges for Taiwan's High Speed Rail (HSR) system, which was constructed and is operated under a Build–Operate–Transfer (BOT) model. The operational experiences in the initial stage for equivalent systems in Japan, France, Germany, and elsewhere are introduced herein. This study first presents Taiwan's HSR system development and conducts an ex post cost–benefit analysis of this transportation system. Second, unsatisfied ridership is examined to look for possible solutions to increase it. Third, the paper examines the impact of HSR on the intercity transportation market. Finally, the integration between HSR and various existing transportation modes is discussed. Several policy suggestions are included, which are useful for the decision makers of transportation systems’ entrepreneurs, the central government, and the local authorities to derive a comprehensive post-HSR planning strategy for a more integrated transportation system.
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