How much did the China high-speed rail project cost?

China's high speed rail with a maximum speed of 350 km/h has a typical infrastructure unit cost of about US$ 17-21m per km, with a high ratio of viaducts and tunnels, as compared with US$25-39 m per km in Europe and as high as US$ 56m per km currently estimated in California.



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The latest report from the California High-Speed Rail Authority projects costs for the initial segment at $35 billion, which exceeds secured funding by $10 billion. Other segments of the system are likely to have their projected costs increase, too. The state hopes it will get more federal aid.

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New cost figures issued in an update report from the California High-Speed Rail Authority show that the plan to build the 171-mile initial segment has shot up to a high of $35 billion, exceeding secured funding by $10 billion.

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According to those involved in the project, the initial investment in the building of tracks, stations and other facilities alone is estimated at up to $15 billion, with the total construction cost including train manufacturing certain to be far higher.

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The cost of constructing the Shinkansen was at first estimated at nearly 200 billion yen, which was raised in the form of a government loan, railway bonds and a low-interest loan of US$80 million from the World Bank.

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Kelly acknowledges that the $8-billion goal is “aggressive and rightly so” because California is paying for 84% of the cost so far. “If the national government wants to get a national cleaner, faster electrified rail system, it has to do better than 16%. And so we're going to make that case,” he said.

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Five years after the beginning of the construction work, in October 1964, just in time for the Olympic Games, the first modern high-speed rail, the Tokaido Shinkansen, was opened between the two cities; a 510 km (320 mi) stretch between Tokyo and Osaka.

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Instead, what makes the Shinkansen (and any Ltd. Express train) more expensive then regular trains is a hefty standard surcharge: the supplementary special-express ticket, which covers the premium experience of traveling on the nice fast trains. And yes, you have to pay it even if you have to stand.

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In the fiscal year 2021, the value of new Shinkansen high-speed train carriages ordered in Japan amounted to around 3.19 billion Japanese yen, plummeting from roughly 73.94 billion yen in the preceding fiscal year.

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The proposed Chuo Shinkansen MLX maglev in Japan is estimated to cost approximately US$82 billion to build, with a route blasting long tunnels through mountains. About 80% of the line is expected to run through tunnels - which explains the high investment costs in this case.

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Maglev trains require very straight and level tracks to maintain high speeds. This necessitates extensive viaducts and tunneling, making construction costly.

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