Rail ticket prices could rise after corporatization
The government would consider raising Taiwan Railways Administration (TRA) ticket prices once the agency is transformed into a state-run corporation in 2024, Minister of Transportation and Communications Wang Kwo-tsai (王國材) told reporters on the sidelines of a news conference in Taipei yesterday. Wang’s remarks came after the agency published a research report, saying that its ticket prices should be at least doubled to generate a return of 3 to 5 percent. The agency’s ticket prices have not been adjusted for 27 years, because it has been designated as a public transportation servic...
Source: taipeitimes.com