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Worldwide: Capital costs of key high-speed rail lines [free access]

July 1, 2016

Capital costs for high-speed rail (HSR) systems include the cost of construction of tracks including the sidings and terminal stations, and the train control system, and the cost purchasing train vehicles. Capital costs vary significantly among different lines. The lines constructed before 1990, (Tokyo-Osaka and Paris-Lyon) built when land prices were lower, had lower construction costs. Generally, France’s construction costs are lower than Spain’s or Italy’s. This is a result of the hub and spoke network and the earlier construction dates. In addition, the two most fiscally successful lines have the two lowest construction costs per mile as well.

 

The following table provides HSR capital costs for the most popular high-speed rail lines for which data is available.

 

Table: Capital costs of key high-speed rail lines

Line

Construction cost (US billion)

Length (miles)

Cost per mile (USD million)

Tokyo-Osaka

0.92

354

2.6

Hakata-Osaka

2.95

388

7.6

Tokyo-Aomori

11.02

335

32.9

Omiya-Nagata

6.69

209

32.0

Pairs-Lyon (Southeast)

2.06

623

3.3

Paris-Tours (Atlantic)

1.72

451

3.8

Valence-Marseille (Mediterranean)

4.05

497

4.0

Paris-Baudrecourt (East)

4.37

671

4.4

Hannover-Wurzberg

7.55

203

37.2

Mannheim-Stuttgart

2.29

62

36.9

Madrid-Valladolid

6.31

112

56.0

Cordoba-Malaga

3.81

96

40.0

Madrid-Barcelona

10.62

386

28.0

Torino-Milano

11.68

78

130.0

Milano-Bologna

10.73

115

77.0

Bologna-Firenze

8.82

49

163.0

Roma-Napoli

8.48

129

58.0

Beijing-Shanghai

35.80

890

40.0

Shanghai-Hangzhou

4.75

93

51.0

Wuhan-Guangzhou

18.90

601

31.4

Haikou-Sanya

3.27

191

17.1

Source: Report on High-Speed Rail in Europe and Asia: Lessons for the United States, May 2013