Taiwan High Speed Rail, which is building and planning to operate a bullet-train link along the island's west coast, has missed another important financing deadline, raising concerns that the landmark T$462bn (US$14.7bn) project could be derailed just months from completion.

THSR failed to raise T$6bn through a private placement by March 31 - a deadline postponed from December 31 - and is delaying its financing schedule, said Arthur Chiang, the company's vice-president. The delay is the second time in three months the company has missed a financing deadline.