taiwan to seal 1000 wells to save highspeed rail
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Taiwan to seal 1,000 wells to save high-speed rail

Arab Today, arab today

Arab Today, arab today Taiwan to seal 1,000 wells to save high-speed rail

Taipei - AFP

Taiwan will spend about $1.8 billion to seal off nearly 1,000 wells over the next 10 years to save its high-speed rail, which has been threatened by subsidence, an official said Tuesday. The project will significantly reduce the rate of subsidence along a stretch of rail in central Taiwan due to excessive draining of ground waters, said an official at the Public Construction Commission. The 345-kilometre (207-mile) system using Japanese bullet-train technology is billed as one of Taiwan's largest privately funded transport projects, with an estimated cost of $15 billion. However, Taiwan High-Speed Rail Corp incurred about $2 billion in losses, or roughly two thirds of its capitalisation, three years after the system went into operation in 2007. Last year, the company secured new funding of $12 billion -- the biggest syndicated loan in Taiwan history -- as part of efforts to pay off earlier loans. A build-operate-transfer formula adopted for the railway charged the corporation with constructing and running the line for 35 years before handing it to the government.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

taiwan to seal 1000 wells to save highspeed rail taiwan to seal 1000 wells to save highspeed rail

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

taiwan to seal 1000 wells to save highspeed rail taiwan to seal 1000 wells to save highspeed rail

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday