Financial lessons from Asian experience in constructing and operating high speed train networks

A serious interest in high speed train has been increasing all over the world. However, recent experiences in Asian countries show that high speed rail projects are not financially viable even in areas seemingly favorable to rail operations. Considering the existing intensive highway and airline network, putting public subsidies to high speed rail projects are barely justifiable from a purely economic point of view. What is required of any government which contemplates high speed rail construction as a policy option is to show taxpayers the cost/revenues difference between constructing a high speed rail line and expanding a capacity of other means, before proceeding.     

德国铁路的货运市场

欧盟为了加强铁路运输的竞争力,致力于铁路运输市场的自由化,开放铁路基础设施。在欧洲铁路货运市场完全自由化后,德国联邦政府采取修改和完善相关法律,设立监督机构,对进入铁路运输市场的企业采取保护政策等措施,以应对铁路货运市场的变化。德国铁路公司实施国际合作战略,通过收购荷兰和丹麦铁路货运业务,扩大了路网规模,打通了与北欧各国连接的铁路通道。德国铁路公司进入物流领域后,通过收购Stinnes股份公司,成为具有专业水准的物流服务提供商。