TITLE:
Study on the Macro-Level Risk Assessment and Intelligent Line Selection for Overseas Railway Construction
AUTHORS:
Jing Lian, Jing Jin, Zonghao Li
KEYWORDS:
Railway Route Selection, Principal Component Analysis Method, Risk Assessment
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.9 No.11,
November
28,
2019
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.