QUOTE(HELLO HELLO @ Jun 1 2018, 05:43 PM)
if debt for built infra, still ok. rakyat, foreigner or tourist can use and can use generate income also create unforeseen indirect biz opportunities.
with sibeh good infra, many visitor, toursit and investor come help boost the economy. actually among south east asia, manyak foreign countries like malaisiao a lot due to stable political environment, almost 0% terrorist attack (tak macam thai or indo), location more central, big enough land size not too small macam singland, singland too small for them.
malaisiao also last year got chosen 1 of the most stable country after Philippine if recession hit. Philippine is no.1 in whole south east asia. oh singland also in the list but forget in what ranking liao maybe singland is no.1?
No pray play now malasiao even far ahead than taiwan liao. this said by taiwanese themselve some more.

16bil usd
Ridership shorts 50 % than forecasted
After 10 years (maturity)
Taiwan HSR
https://topics.amcham.com.tw/2015/04/taiwan...nancial-crisis/Hurtling along at speeds of up to 300 kilometers per hour, Taiwan’s High Speed Rail is a marvel of modern technology and convenience, shuttling travelers between Taipei in the north and Kaohsiung in the south – a distance of 320 kilometers – in less than two hours for NT$1,630 (around US$52).
The seven-year-old rail system is also massively in debt, however. Built at a cost of US$17 billion, it is Taiwan’s most expensive infrastructure project ever, and saving it from insolvency and government takeover has become a political hot potato tossed between the executive and legislative branches of government. A rescue plan devised by then Minister of Transportation and Communication Yeh Kuang-shih was roundly rejected in January by both major parties in the Legislative Yuan, prompting Yeh’s resignation.
No one suggests that the high speed rail line will be abandoned, and whatever happens, the entire process will likely take years to resolve. The main current concern is whether a solution can be found that avoids a huge financial burden on the government and reversal of the longstanding trend toward greater privatization in the interest of corporate efficiency.
In the meantime, dozens of lawsuits against the beleaguered Taiwan High Speed Rail Corp. (THSRC) have been proceeding through the courts. In one major case, Taiwan’s High Court on March 3 decided for the plaintiffs – THSRC investors China Development Financial Holding Corp. and Continental Holdings Corp. – ruling that they have the right to redeem billions of NT dollars in premium shares. Redeeming the entire NT$53.3 billion in outstanding premium shares would bankrupt the company, though in that eventuality the claims of holders of premium shares have priority over those of owners of common stock (but behind banks and other creditors).
“I’m very pessimistic because the longer it takes to solve the problem, the greater the likelihood that the government will need to take over the company,” Yeh told Taiwan Business TOPICS. “If the government has to take it over, it will be very messy.”
The high-speed rail went into service in 2007, after nearly a decade of construction, and from many standpoints has been a great success. On-time performance stands at 99.38%, and annual ridership has increased from dismal beginnings to a relatively healthy 58% of capacity, with more than 47.5 billion riders per year. For 2013 (2014 numbers haven’t been released yet), the THSRC reported NT$3.29 billion in profits on NT$36.1 billion in revenues, up 6.24% from 2012. The number of stations is set to be increased from eight to 12, with three new stations coming online in 2015.
But ridership has never come close to expectations, averaging 130,000 daily, compared to estimates of 240,000 in the original feasibility study. And only a change in accounting methods – calculating depreciation in proportion to ridership instead of using traditional straight-line depreciation – allows the company to register any profit at all. Yeh says the company cannot continue using that accounting technique indefinitely, and “if you use straight-line depreciation, every year it loses maybe NT$5 billion to NT$10 billion.”
Technically, the company is already broke because the net value is below zero, he adds. “It is only solvent because the shareholders say it is.”
Moreover, THSRC’s concession – the period in which the company has operational control over the Taiwan’s high speed rail under its Build-Operate-Transfer (BOT) agreement – is set to run out in only 18 years. With the company having NT$457 billion in liabilities, according to the balance sheet THSRC reported for 2013, it is clear that THSRC’s investors will see losses at the end of that period.