Development of a feasibility model for a High Speed Rail (HSR) line project

The building costs of a High Speed Rail line project besides its acquisition, operation and maintenance ones, are very high making it an expensive option of transportation. The implementation of a HSR project must then be evaluated, determining its costs and revenues, in order to justify its viability. This research proposes a model to evaluate the feasibility of a HSR line. The model considers the cases where the demand and the costs have uncertainties, assuming also that the initial evaluated demand can be overestimated. A detailed explanation of the proposed model is given and empirical results for the Brazilian HSR project are discussed. The results show that such a project is a very risky one, and it must be carefully discussed before it becomes a reality.

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    • Abstract used with permission of the Brazilian Transportation Planning Society (BTPS).
  • Authors:
    • Garcia, Reinaldo C
    • Goulart, Aline
    • Veiga, Thais da C
    • da Cunha, Luiza V
    • Vilarindo, Marcos
  • Publication Date: 2016-4


  • English

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  • Accession Number: 01595159
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Mar 31 2016 11:40AM