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A Train that connects Shanghai and Guangzhou to Tibetan Capital “Lhasa”
Oct 12, 2006
Passengers from Guangzhou and Shanghai will now be able to commute directly to the Tibetan capital “Lhasa” via train. From October 1, 2006, a train will depart from Shanghai every couple of days, to arrive in the capital in just over fifty hours.
Official statistics show trains carrying approximately 450,000 passengers and shipping about 100,000 tons of freight in & out of the region (Tibetan region) by mid September. The shipments delivered to Tibet comprise of coal, food, building materials and living necessities. Cargos dispatched from Tibet are particularly ores, which include chrome, irons, and boron. Volume is likely to touch 200,000 tons in all this year.
Railway ministry anticipates the railway to carry 75% of the total 2.8Mn tons of freight in and out of the Tibetan region by 2010. This confidence has been instigated by the fact that, at present, the cost of transportation via train is far less as compared to transportation via road.
However, train to Lhasa will lower the costs of building materials such as cement and living necessities. It’ll also spur the growth of pillar industries on the flat terrain such as tourism.
RNCOS- a market research and analysis firm- has recently published a report “China Transportation Sector Analysis (2006-2007)”. According to this report, “With the FDI approval and economic growth in 2003, rail system of the nation is fast expanding and modernizing. Total 74408-kilometers length comprises double track of 24908-kilometers and electrified track of 19303-kilometers”.
“Annual investment in China railway will reach near $8Bn by 2010. Half of the total investment in railway is planned for Western China projects, including the world's largest railway that’ll link Qinghai with Tibet”, as per an industry expert at RNCOS.
Key highlights of the report:
- Scope of the China transport industry.
- Key competitors in China’s Transportation industry.
- Challenges and opportunities in China Transport Industry.
- Key driving forces for the transport industry in China.
- Major obstacles in the China’s transportation sector.
To purchase your copy: http://www.rncos.com/Report/IM062.htm
To purchase your copy: http://www.rncos.com/Report/IM062.htm
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