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

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

20230315N Taiwan bullet train

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

HIDEAKI RYUGEN, Nikkei staff writer

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.

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