A maglev train at a platform in Shanghai Pudong Airport. Tomohiro Ohsumi / Bloomberg
A maglev train at a platform in Shanghai Pudong Airport. Tomohiro Ohsumi / Bloomberg

Shanghai’s 430kph train benefits wider economy



TOKYO // The top operational commercial speed of the Shanghai Maglev Train, or Shanghai Transrapid, of 430kph makes it currently the world’s fastest train in regular service.

The train line, which opened in 2004, connects Shanghai Pudong International Airport and the outskirts of central Pudong where passengers can interchange to the Shanghai Metro to continue their trip to the city centre. It cost US$1.2 billion to build and was constructed by a joint venture of Siemens and ThyssenKrupp of Germany, based on years of research and development of their Transrapid maglev monorail system.

The Shanghai maglev track, or guideway, was built by local Chinese companies which, as a result of the alluvial soil conditions of the Pudong area, had to change the original track design of one supporting column every 50 metres to one with a column every 25 metres.Several thousand concrete piles were driven to depths up to 70 metres to attain the necessary stability for the support columns. A mile-long climate controlled facility was built alongside the route to manufacture the guideways. The electrification of the train was developed by the US electrical engineering firm Vahle.

The line runs from Longyang Road station in Pudong to Pudong International Airport. At full speed, the 30km journey takes 7 minutes and 20 seconds to complete, although some trains in the early morning and late afternoon take about 50 seconds longer.

The train can reach 350kph in two minutes, going on to its maximum normal operation speed of 430kph.

The Shanghai Maglev Transportation Development Company operates the line, which runs from 6:45am to 9:30pm, with services every 15 to 20 minutes. A one-way ticket costs 50 yuan (Dh26), or 40 yuan for those passengers with proof of an airline ticket purchase. A round-trip return ticket costs 80 yuan, and first-class tickets cost double the standard fare. While much trumpeted at its opening, passenger numbers average just 20 per cent of capacity.

Such low levels are attributed to limited operating hours, the short length of the line, high ticket prices and the fact that it terminates at Longyang Road in Pudong – another 20 minutes by subway from the city centre.

The South China Morning Post has reported that the train "is increasingly becoming a white elephant", while China's official Xinhua news agency reported Wang Mengshu, an academic at the Chinese Academy of Engineering and a professor at Beijing Jiaotong University's tunnel and underground engineering research centre, as saying maglev trains are nothing but "transport toys".

However, the Las Vegas-based management consulting group Global Market Advisors’ senior partner Andrew Klebanow says it is easy to label a mass transit system that fails to achieve forecast results as a white elephant, particularly if that system employs new technologies such as maglev.

While it is true that Shanghai has alternative mass transit options from the central city, subways are not as fast and do not offer the comfort and amenities found in the maglev, particularly for those commuting to the airport, he says.

“One need only try dragging a suitcase into a Shanghai subway during rush hour to appreciate the difference,” Mr Klebanov says.

The vast majority of the world’s urban mass transit systems fail to generate enough ticket revenue to cover both capital costs and operational costs but that does not make them economically unviable. Mass transit systems provide tremendous benefits to society and those costs, particularly the costs to construct those systems, must be borne by society, Mr Klebanow says.

“Imagine what New York City would be like if it did not have a mass transit system. Or Singapore. Or Hong Kong,” he says.

Such systems generate returns on investment that go far beyond repayment of construction loans, Mr Klebanow says. “They improve the quality of life in cities and allow those cities with efficient, high-speed rail systems to generate far higher levels of economic output,” he says.

Echoing that sentiment, the Ireland-based journalist Eamonn Fingleton, who has written three books on the economies of East Asian countries, says if the Shanghai maglev has been operating at a loss, it would not be the first public transit system to do so.

“From the point of view of the overall Chinese national interest over the long haul, the investment might well turn out to be an excellent one if it helps teach the Chinese how to build more maglevs to crisscross the country,” he says.

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How Filipinos in the UAE invest

A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.

Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).

Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.

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WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

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Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

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Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5