In contrast to the many pessimistic analyses, the life cycle cost analyses employed by Liu and her research team does present a positive big picture for its case study of the corridor in China. "Based on our assessment of ROI, the rail line in China can be a good positive investment return," she added.
This study may be easily generalized or extrapolated to illustrate other rail corridors or systems around the world, including the US, Liu said. She expects listeners at the upcoming conference to breathe a collective sigh of relief when they hear this news.
Nevertheless, no one should sit back and relax," she added. "A positive investment return does not indicate that the track for high speed rail development in China is totally clear."
Other issues and challenges she feels that still must be addressed include, but are not limited to, the following:
Liu has extensive experience in the area of intermodal transportation planning and engineering, environmental impact and major investment studies and travel demand forecasting and simulation modeling. She has managed and conducted long-range transportation plans for federal, state, and local government agencies and developed traffic engineering designs for various public and private sector clients. She has gained this broad-based experience through her various positions with consulting firms, research institutes, and government agencies as well as her extensive involvement with Transportation Research Board committees and modeling development task forces.
Liu has published six books and book chapters and more than 20 research papers in peer reviewed journals. She received her doctorate in civil engineering from
|Contact: Sheryl Weinstein|
New Jersey Institute of Technology