ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Taiwan to buy bullet trains from Hitachi-Toshiba duo in $930m deal

Rail operator moves ahead with purchase of 12 trains to improve service

A 700T bullet train prepares to depart from Taipei in January 2007, marking the overseas debut of Japan's shinkansen technology.   © Reuters

TAIPEI -- Taiwan High Speed Rail will buy 12 train sets from a Japanese consortium consisting of Hitachi and Toshiba for 124 billion yen ($932 million), the company said Wednesday.

Taiwan was the first overseas market to adopt Japan's shinkansen bullet train technology, and the high-speed rail service launched in 2007 with Japanese companies supplying the rolling stock, signal systems and other equipment.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more