Evaluating High-Speed Rail System in BOT Scheme by Economic Status in Taiwan ROC

This is a research funded by National Science Foundation NSC 89-2815-C-032- 012-E The Build ? Operate - Government largely emphasizes Transfer strategy. Officials and academicians. Yet, no successful examples can be found in Taiwan until year 2000.The High ? Speed - Rail. BOT system could be number one case on this island.This paper will investigate the HSR-BOT project from the following aspects: (1) BOT and its background. (2) Case study of international BOT projects ? both successful ones and failed ones. (3) The current economic status of Taiwan. (4) Cost study of BOT scheme. (5) Advantages and disadvantaged for BOT projects under current domestic situation (6) High ? Speed ? Rail (HSR) in Build ? Operate ? Transfer (BOT) scheme for it?s overall economic evaluation. (7) Conclusion and recommendation. This paper intends to study the BOT scheme for Taiwan High?Speed?Rail project. Some domestic and foreign project is reviewed to see both successful and failure projects and its reasons. The domestic economic status of Taiwan is also presented to evaluate the effects of HSR costs. Furthermore, the construction of HSR in Taiwan will influence the economic development of Taiwan to what extent will be studied.