01157128

Component

https://doi.org/10.3141/2159-03

http://scholar.google.com...Shih&publication_year=2010

With its virtues of high speed, large capacity, reduced levels of energy consumption, and low levels of pollution, high-speed rail (HSR) is emerging as an attractive transportation system. Because of the large investment burden required for HSR projects and the inefficiency of government-sponsored public works projects, many countries are now turning to the alternative of privatizing their HSR projects. The present research evaluates the success of privatized versus public HSR projects by comparing the outcomes for the Taiwan high-speed rail (THSR) project and the South Korean high-speed rail (KHSR) project. Except for the project delivery method (privatized versus public works), these two projects had similar project scopes and objectives and had parallel execution times. The results of the study indicate that a privatized HSR project such as THSR has a better likelihood of achieving traditional project management success in terms of time, cost, and quality; however, a government-sponsored HSR project such as KHSR could successfully promote the national HSR industry.

01172542

10-2004

English

pp 18-26

2010

Transportation Research Record: Journal of the Transportation Research Board

9780309142861

Print

Figures (3) ; Maps (2) ; References (16) ; Tables (2)

Case studies; Financing; Governments; High speed rail; Privatization; Project delivery; Project management

South Korea; Taiwan

Finance; Planning and Forecasting; Railroads; I10: Economics and Administration; I21: Planning of Transport Infrastructure; I72: Traffic and Transport Planning

TRIS, TRB, ATRI

Jan 25 2010 10:55AM

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• Effects of Communications-Based Train Control and Electronically Controlled Pneumatic Brakes on Railroad Capacity
• Energy Consumption and Emissions of High-Speed Trains
• Force Characteristics of Longitudinally Coupled Slab Track Turnout on Bridges Under Temperature Action
• Genetic Algorithm–Based Column Generation Approach to Passenger Rail Crew Scheduling
• High-Speed Rail Project Development Processes in the United States and China
• New Approach to Appraisal of Rail Freight Projects in South Korea: Using the Value of Freight Transit Time Savings
• Nondestructive Identification of Freezing-Induced Cracks in Concrete Sleepers of High-Speed Railways in South Korea
• Optimizing Train Network Routing with Heterogeneous Traffic
• Railroad Ballast Evaluation Using Ground-Penetrating Radar: Laboratory Investigation and Field Validation
• Stress Dependence of Ultrasonic Guided Waves in Rails