China’s first privately-owned high-speed railway sped into operations on Saturday. The railway project, a public-private partnership, could lead the way for more private capital to finance the nation’s costly high-speed rail network.
 

Costing 44.9 billion yuan ($7 billion), the 266-kilometer Hangtai high-speed railway links Hangzhou and Taizhou. Travel time between the two cities in the southern province of Zhejiang via the service could take as little as 63 minutes, according to one of the developers, China State Railway Group Co. Ltd. That’s almost half of the current travel time.
 

全长266.9公里我国首条民营控股高铁开通运营

1月8日，随着两趟首发列车同时从台州站、嵊州新昌站开出，分别驶向杭州方向、温岭方向，我国首条民营控股高铁——杭台高铁开通运营，这一铁路投融资体制改革示范项目正式进入运营阶段。
 

杭台高铁连接浙江省杭州、绍兴、台州三市，全线长266.9公里，设计时速350公里，设绍兴北、上虞南、嵊州北、嵊州新昌、天台山、临海、台州、温岭8个车站。通车后，杭州与台州之间最快63分钟可达。
 

杭绍台铁路有限公司常务副总经理余学林介绍，杭台高铁于2015年12月被国家发改委确定为我国首批8个社会资本投资铁路示范项目之一。2017年9月，复星集团牵头民营联合体和浙江省政府正式签约。该项目可研批复总投资448.9亿元，其中民营联合体占股51%。

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