World Bank – “By the end of 2013, China had built a high speed rail network of over 10,000 route-km, far exceeding that in any other country and larger than the network in the entire European Union. It has been accomplished at a cost which is at most two-thirds of that in other countries. A new World Bank paper takes a look at this expansion, its construction unit costs and some of its key cost components. It also outlines reasons that may explain the comparatively low cost of high speed railway construction in China. According to the paper titled High-Speed Railways in China: A Look at Construction Costs, several factors influence the cost of a high speed rail project construction. The major factors include the line design speed, topography along the alignment, weather conditions, land acquisition costs, use of viaducts instead of embankments, the construction of major bridges across wide rivers, and the construction of mega stations.”
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