2.2.1 ECONOMIC BENEFITS OF HIGH SPEED RAIL
High speed railway is beneficial in business sector and consumer. High speed railway might create a major connection between countries due to it is easily to access a business productivity which focus on a long term of prices.so it operates on schedule every day without delay - especially during rush hour and peak travel times.
HSR spurs the revitalization of cities by encouraging high density, mixed-use real estate development around the stations. HSR also fosters economic development in second-tier cities along train routes. HSR links cities together into integrated regions that can then function as a single stronger economy. HSR broadens labor markets and offers workers a wider network of employers to choose from. HSR encourages and enables the development of technology clusters with fast easy access between locations. HSR also expands visitor markets and tourism while increasing visitor spending.
The many benefits HSR delivers spread throughout regions that have HSR, encouraging economic development across a large area.