Taiwan Railway fare increase plan 結果共2筆

Explore the potential fare increase for Taiwan Railway Corporation as Deputy Minister Allen Hu announces a comprehensive review to adjust ticket prices after 29 years, amidst discussions on improving train punctuality and addressing the TRC’s financial sustainability.

The Taiwan Railway Administration (TRA) is considering a potential fare increase, with a plan to review the proposal in the first quarter of next year and a possible implementation in the latter half of the year if approved. The decision on fare adjustments will be made by the board of directors of the newly formed TRA company, which will be established on January 1. The board will determine the necessity, method, and extent of any price changes before submitting their proposal to the Ministry of Transport and Communications (MOTC). Despite submitting several versions of fare increase proposals to the MOTC earlier this year, substantive discussions have not yet taken place. MOTC Minister Wang Kwo-tsai supports respecting the independent decisions of the company’s board of directors regarding fare adjustments. The transition to a company structure will decrease the direct impact of fare adjustments on TRA’s operations, and any losses incurred due to policy factors will be subsidized by the government under the provisions of corporatization. Former MOTC Minister Tan Ho-chen also supports increasing TRA’s ticket prices, arguing that it will help the railway understand its genuine operational costs and develop effective pricing strategies.