Tickets are a little less than double the price of a standard train but take less than half the time. In May 1999, as THSRC faced difficulties in raising capital, the government of Japan promised soft loans if THSRC switched to TSC. The Taiwan High Speed Rail has trains that can reach speeds of 330km/hour.This is my favorite way to travel between the big cities on the west coast of Taiwan. The total project is valued at $13bn and was funded by the Taiwan High-Speed Rail Corporation (THSRC) under a 35-year concession agreement, signed in 1998. Taiwan already has a network of 2,615km (1,635 miles) with 216 stations connecting small and remote towns and cities. Two KMT legislators, Hsu Hsin-ying and Lu Shiow-yen, were on board. [122] Interest rates fell in the first half of 2009, reducing interest expenses[126] and contributing to a reduced net loss. [90] The line was electrified with the 25 kV/60 Hz AC system. [44], A group discount is offered for groups of 11 or more. Address:100-41 Taipei City Zhongzheng Dist. [45], In 2012, THSRC rated highly in the CommonWealth Magazine (天下雜誌) "Golden Service Award survey" (金牌服務大賞), not only far outpacing all rivals in the "long-distance land transport" category, but also taking the top spot in the overall rankings of 300 industries.[46]. Opened on January 5, 2007, the rail system has become an important part of Taiwan's transportation network. [10] Consequently, in 1995, POHSR was transformed into the Bureau of High Speed Rail (BOHSR), which started to tender THSR as a build-operate-transfer (BOT) scheme in October 1996. concession rather than the much longer lifespan of the infrastructure,[124] and it is the factor for the operating loss. [82] A fourth group of contracts was for track work. In 2011, the Company continued to pursue sustainable growth aligned with the interests of shareholders and society, achieving record profits even amid a challenging economic environment. [11] Plans for the THSR were subsequently approved by the Executive Yuan in June 1992[10] and by Taiwan's legislature, the Legislative Yuan, in 1993. The temple established beside the old tree is the belief center of the people there. [119] In 2009, THSRC negotiated with the government to change the method of depreciation from depending on concessions on rights to ridership. [134] The company was put under new management in September 2009 with the aim of turning around the company's finances with government help in arranging refinancing of the loans. A complete single ride takes about 1.5 hours. [127] The company reported its first annual profit of NT$5.78 billion after five years of operation. TGoæå¡ ææGOæç¦® æå®è»æ¬¡88æ. [33] Among the latter include the JNR Class DD14 and JNR Class DD16 diesel-hydraulic locomotives, which were originally used for snowploughing by JR. Hotels near Taiwan High Speed Rail Taichung Station, Wuri on Tripadvisor: Find 705 traveler reviews, 2,204 candid photos, and prices for 683 hotels near Taiwan High Speed Rail Taichung Station in … [82] One group of contracts was for civil works, covering the construction of the superstructure of open line sections. [101], About 61 km (38 mi)[102] or 18% of the line is in tunnels, including 14 km (8.7 mi) of the TRUPO section in Taipei,[87] as well as 48 tunnels with a total length of 46,257 m (28.743 mi) on the other sections,[103] the longest of which is Paghuashan Tunnel, at a finished length of 7,364 m (24,160 ft). [96], Most of the line is elevated. 616 toilet when it was heading towards THSR Hsinchu Station. The total running distance is 214 miles (345 km) and the top running speed is 186 mph (300km/h). The company signed a NT$382 billion refinancing contract with a consortium of eight domestic banks led by the Bank of Taiwan, and used the new loan to pay off the previous syndicated loan, which had higher interest. [82] Stations and depots were the subject of separate groups of construction contracts. In the second year, passenger numbers almost doubled. By the time of completion, there will be a total of 12 stations along the THSRC operation route. THSRC also uses a former 0 Series Shinkansen end car as a structure gauge test car. [74][75] Total domestic air traffic was expected to be halved from 2006 to 2008,[74] and actually fell from 8.6 to 4.9 million. [124] To reduce its interest load, THSRC sought to revise its loan structure in 2008[131] and again in 2009. [24][29][31], The maximum service speed of the trains was raised from the 700 Series Shinkansen's 285 to 300 km/h (177 to 186 mph). [9], Taiwan's rapid economic growth during the latter half of the twentieth century led to saturation of highways, conventional rail, and air traffic systems in the western transport corridor, which threatened to impede further growth. 11 contained two pieces of luggage which emitted a strange odor. [24] The per capita energy consumption of a fully loaded 700T train is 16% of that of private cars and half that of buses; carbon dioxide emissions are 11% of private cars and a quarter that of buses. With NT$50 million invested, the first artificial habitat recovery project was completed in collaboration with the local government, country development organizations and non-profit organizations. If these tickets sell out before the deadline, tickets with a discount of 10% off are offered. The Taiwan High Speed Rail (THSPR) connects major cities in western Taiwan between Taipei and Kaohsiung. Refinancing Contract", "Suspicious items lead to evacuation of bullet train", http://www.chinapost.com.tw/taiwan/national/national-news/2013/04/13/375954/Explosives-found.htm, "Pair suspected in bomb attempts sent back from China", "High speed train runs on wrong track, first time ever", "Masks mandatory on Taiwan trains, intercity buses starting today", "Taiwan's THSR to cancel non-reserved seats first week of April as virus precaution", "Sony announces first Taiwanese game for popular PS3 console", "Best Winter Trip 2013/ Western Taiwan by (High Speed) Train", Bureau of High Speed Rail, Ministry of Transportation and Communications, Experimental and prototype high-speed trains (category), China Development Financial Holding Corporation, Ministry of Transportation and Communications (Taiwan), https://en.wikipedia.org/w/index.php?title=Taiwan_High_Speed_Rail&oldid=1005665304, Articles with dead external links from June 2018, Articles with permanently dead external links, Articles with dead external links from May 2016, Short description is different from Wikidata, Articles with unsourced statements from December 2020, Articles containing Chinese-language text, Articles containing potentially dated statements from 2011, All articles containing potentially dated statements, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, as of July 2019; ●: Trains stop at station; -: Trains skip station, This page was last edited on 8 February 2021, at 21:00. [63] In the third year, average daily ridership continued to grow to 88,000 passengers per day, jumping to over 120,000 passengers per day in 2012. 2011 gross profit, income from operation and EBITDA were all record highs. (updated to September 2012)[64][65] Seat occupancy was around 45% in the first three years, with a modest improvement achieved in 2009, and reached 53.91% in 2012. It’s comfortable, safe, efficient, and one of the best ways to appreciate the Taiwanese countryside – especially on a clear, sunny day. THSRC informed the High Speed Rail Police Division, which later boarded the train when it stopped at Hsinchu station. [132][133] To reduce depreciation costs by increasing the amortization time, THSRC requested an extension of its 35-year concession period. In case of an unexpected situation, the DWS will send signals to the OCC (Operation Control Center) immediately; it will also activate contingency measures to ensure the safety of the passengers and trains, including decelerating or stopping trains in the affected area. The following keys are set as the Access keys ( or speed keys) of this website. [29] The train is 304 m (997 ft) long and has a mass of 503 t (554 short tons) when empty. [27][28], The THSR 700T trainset is based on the 700 Series Shinkansen trainset used by JR Central and JR West in Japan. At Taoyuan Airport there isn’t any mean of train transportation so it turns necessary to transfer to either High Speed Rail or Taiwan Railway. [128], For the first time in its five-year operation, the Company reported a net income of NT$5.78 billion, with earnings per share of NT$0.59. The construction was managed by Taiwan High Speed Rail Corporation and the total cost of the project was US$18 billion. [91], After four months of delays, trial runs using the first THSR 700T trains began on 27 January 2005, on the Tainan–Kaohsiung section. 3-digit numbers indicate daily services, while 4-digit numbers indicate services on particular days of a week. In 2008 the second year of operation, revenues fell barely short of THSRC's expectations a year earlier of a doubling of first-year results. All 2,500 affected passengers were evacuated in two hours without injury. Taiwan High Speed Rail Taoyuan Station is about 8 km (5 mi) from Taipei Airport and is accessible by MRT System. Service resumed the next day. All high-speed rail services south of Chiayi Station were suspended until 7 February 2016. The most recent record is 212,000 passengers transported on 1 January 2013. The rules remain the same for tickets collection and travelling by Taiwan High Speed Rail trains. [86], Environmental mitigation measures in the line's construction phase included the construction of animal bridges over the line, the planting and re-planting of trees along the track as noise screens,[31] and the purchase of farmland to create a preservation area for jacana birds away from the line. [73] On 10 October 2011, the Double Ten Day holiday, THSRC transported a single-day record of 189,386 passengers. [88] Each track section has a checkpoint, and an automatic control system ensures that trains are spaced at least 1 km (0.62 mi) apart to prevent collisions. In addition, infrared sensors were set up at twelve stations to detect fevers, eating and drinking was prohibited on board the trains, trains and stations were disinfected more frequently, and the THSR cancelled all non-reserved seating tickets, which allowed for crowds of passengers to stand if no seats were available. The most powerful earthquake that THSRC has experienced measured 6.4 on the Richter Scale with an epicenter 17 km from Jiaxian, Kaohsiung that shook southern Taiwan on 4 March 2010 (甲仙地震). China High Speed Rail NetWork Map 2017. [63][120], The cost of running the trains and infrastructure, or cash operating costs, was initially over NT$1 billion a month,[121] but was reduced to around NT$850–900 million in 2008. Map of Taiwan rail … The "National Geographic" website chose travel by Taiwan's high speed train as the "Best winter trip” in 2013.[147]. [53][54] [83] Revenues increased by 16.65% from NT$27.64 billion to NT$32.24 billion, with operating costs and expenses (excluding depreciation and amortization) rising by only 4.98%. Business and standard car reserved ticket reservations are available 28 days prior to the date of departure (including the departure day). [37], The DWS has functioned successfully since its initial operation in 2007. When Google and Google Maps do not work in China, offline maps can be viewed at any time. [8], In cumulative figures, until July 2008, depreciation and interest were equal to 95% of THSRC's accumulated debt. No. [13] The group was renamed and formally established as the Taiwan High Speed Rail Corporation (THSRC) in May 1998. [8] The government injected NT$30 billion as a financial bailout, boosting the government's stake to about 64% from about 37%. [60] In view of a 50% drop in airline passengers in the wake of the 1997 Asian financial crisis, forecasts were revised downwards. [30] Customization was focused on adapting to Taiwan's climate and geography, and the nose shape was optimized for tunnels wider than those in Japan. [40][41] On 25 July 2011, the government announced plans to close almost 1,000 wells in Changhua and Yunlin counties, reducing the amount of water pumped from deep wells by 210,000,000 tonnes (2.1×1011 kg) by 2021. Click the map to see a larger map: China High Speed Train Map, Express Train Map 2020. [130] Both THSRC[125] and a September 2009 government report[129] identified an unreasonable financial structure and the resulting high interest rates and high depreciation charges as the main causes of negative financial performance, while the government assessed THSRC to have performed well in its core business, as measured by earnings before interest, taxes, depreciation and amortization (EBITDA). [77] The share for conventional rail between Taipei and Kaohsiung fell from 9.71% in 2006 to 2.5% in 2008, while high-speed rail became the most common mode of transport at 50% of all trips by 2008. [137] The government also approved the company's new variable depreciation charge. æå®éè¡ä¿¡ç¨å¡ 享æ´å¤é«éµåªæ. [81][99] Viaducts were designed to be earthquake resistant to allow for trains to stop safely during a seismic event and for repairable damage following a maximum design earthquake. If all early bird tickets are sold out, then full fare tickets are offered. With construction and operations managed by a private company, Taiwan High Speed Rail Corporation (THSRC; TWSE: 2633), which also operates the line, the total cost of the project was NT$513.3 billion in 1998. Rail Construction and Operation Contract", and the construction project of 3 intermediate stations, namely Miaoli, Changhua and Yunlin will be initiated in July, 2012, and is scheduled to start its operation from 2015. It is the network that runs along the west Taiwan, from Taipei City to Kaohsiung City for approximately 335.5 km. The Taiwan High Speed Rail starts its operation from 2007. [12], In November 1994, Taiwan passed a law regarding the use of private finance in infrastructure projects, which also applied to the up-to-then state-run THSR project.