Connections is a weekly series of knowledge notes from the World Bank Group’s Transport & Information and Communication Technology (ICT) Global Practice. It covers projects, experiences, and front-line developments.
(World Bank Group, Washington, DC, 2015-01)
Lawrence, Martha; Ollivier, Gerald
Two of the largest railway systems in
the world, China’s and India’s, have intensified their focus
on the private sector as an indispensable source of capital
to help them enlarge their rail capacity. They will find
promising options if they recognize the common
characteristics of successful efforts, both in their
railways and elsewhere: profitability, manageable risks
shared appropriately, and shared gains. Even unprofitable
rail activities, such as commuter transit, can attract
private capital if adequate public subsidies are in place.