Publication: Private Sector Participation in Urban Rail : Getting the Structure Right
Date
2010-04
ISSN
Published
2010-04
Author(s)
Abstract
There is growing interest in using rail
transit, trams, metros, light rail, to solve urban
transportation problems, particularly road congestion and
air pollution. In developing urban rail projects, a range of
major cities around the world have turned to public-private
partnership models, to leverage both public and private
resources and expertise. Dissecting the successes and
failures of public-private urban rail schemes, this note
examines how policy makers can best deal with the main risks
involved in designing, procuring, and implementing such
schemes. It also draws lessons on best practice in
developing and managing contractual arrangements that can
help ensure their success and sustainability.
Citation
“Menzies, Iain; Mandri-Perrott, Cledan. 2010. Private Sector Participation in Urban Rail : Getting the Structure Right. Gridlines; No. 54. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/242b7ef7-709d-5901-8cdd-c49625bc6d5a License: CC BY 3.0 IGO.”