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Study on the Macro-Level Risk Assessment and Intelligent Line Selection for Overseas Railway Construction
Department of Engineering Economics, Design Institute of China Railway Academy Co., Ltd, Chengdu, China
China Academy of Railway Sciences, Beijing, China
Department of Civil Engineering, Southwest Jiaotong University, Chengdu, China
- 1 Department of Engineering Economics, Design Institute of China Railway Academy Co., Ltd, Chengdu, China
- 2 China Academy of Railway Sciences, Beijing, China
- 3 Department of Civil Engineering, Southwest Jiaotong University, Chengdu, China
American Journal of Industrial and Business Management·Volume 09 (2019)·Pages 2064–2077·Published 7 November 2019·DOI10.4236/ajibm.2019.911136
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Abstract
In recent years, China has made overseas railway construction a key investment project. The primary task of overseas railway investment construction is to select railway routes. Taking some sections of the Belt and Road as an example, 15 representative risk indicators have been established based on the survey data. Based on the principal component analysis method, the risk assessment is carried out in 63 countries along the Belt and Road district, and finally the risk scores are sorted, and the reasonable high-speed rail lines are programmed through the ranking of risk scores.
KeywordsRailway Route SelectionPrincipal Component Analysis MethodRisk Assessment
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