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Opportune moment to restructure rail system By Shen Chen-lan 沈政男 Since the Taroko Express No. 408 derailment on April 2, there have once again been calls for the corporatization and privatization of the Taiwan Railways Administration (TRA). Other countries have taken two approaches to the corporatization and privatization of state-owned railroads: vertical separation, such as in the EU and South Korea, and horizontal separation, such as in Japan, although part of the Japanese process involved vertical separation. Vertical separation splits the trains from the railways. Using this approach, Taiwan’s railways would remain state-owned and maintained by the TRA, which would be responsible for construction safety, while the transportation services would be run by another state-run company or a private firm it might even be opened up to competition. ....