richl
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Inside Greater China: An exclusive look at Apple in Shenzhen
Quote:Originally Posted by AppleInsider
By the time America spends about $1 billion per mile to build a perfunctory subway segment in San Francisco by 2020, China will have spent just $130 million per mile (around $13 billion) to complete another 100 miles of new metros in Shenzhen, serving 102 new stations on four additional lines. That's an expansion similar in total track length of the entire regional BART system, but with 2.5 times as many stations. Meanwhile, Silicon Valley will just be starting its construction to extend BART 5 miles into San Jose, at a cost of at least $4.7 billion (again, about $1 billion per mile).The Jubilee line extension in London cost £5.1bil (around $14.2bil in today's money) for 10 miles of track. Building tunnels through large, existing urban centres in the developed world is expensive.
It's no surprise that building a subway system in what is effectively a new city in China is cheaper - no obstructions, easy ground access, incredibly cheap labour, lax health & safety, ability to circumnavigate any planning laws...