Keel
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Damn 230 Billion.
What a crazy amount of money.
What kind of economic advantages will result from this high speed train?
230 Billion is the same cost as building as the Trans-Atlantic Railway between London and New York.
Nah, the estimation of $230 billion is not excessive at all
The actual cost of building HSR from Shanghai to Beijing was about $32 billion or about $48 mln/mi in 2010
As quote in the OP the length of the railway is about 4,350 miles so the estimated project cost = $48 mil / mile x 4,350 miles = $ 209 billion @ 2010 price level
And SH-BJ HSR was built in much less hostile temperature and terraine than the extremely frigid and challenging landscapes between Moscow and BJ
I wish the cost of $230 billion is not under-estimated really
Take another example, the cost per mile in USA as Biden said below for a "ONE LANE and LINEAR" system in Philadelphia is $40 to 50 million "
“If you shut down Amtrak’s Northeast Corridor,” Biden said, “you’d have to add seven new lanes to I-95 to accommodate the traffic.” He then went on to cite the cost-benefit analysis of building rail instead of road. The construction cost for an average linear mile of one lane through the city of Philadelphia ranges from $40-50 million. And one new runway, like the one Atlanta just built in its Hartsfield-Jackson Airport, costs $1.3 billion.
“Amtrak Joe” Biden, in Philly, Announces a New Plan for High-Speed Rail | Streetsblog USA
The $230 billion is absolutely value for money
As for the economic value of building it, check with my comment @# 94
There is a vast ocean for HSR to cross over between NY and London
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