Analysis about Business Investing and Financing Models of Urban Rail Transit

The rapid development of rail transit inevitably needs large capital investments. As a huge investment in urban infrastructure projects, financing is the key to the implementation of the construction. In this paper, the Business Investing and Financing Model (BIFM) of a Rail Transit Project is proposed which includes not only the project construction but also the land development along the rail transit line. Its aim is to attract private capital injection through the interests in the land development. At the same time, the calculation method of the impact area of the rail transit's development interests is amended for reasonable providing land development area to investors. Finally, using the Changsha City Rail Transit Line2 (CCRTL2) as an example, the investing and financing strategy is analyzed. The result shows that the model can reduce the pressures of government from financing and can increase the social benefits at the same time.

Language

  • English

Media Info

  • Media Type: Web
  • Pagination: pp 1-7
  • Monograph Title: ICCTP 2009: Critical Issues In Transportation Systems Planning, Development, and Management

Subject/Index Terms

Filing Info

  • Accession Number: 01921769
  • Record Type: Publication
  • ISBN: 9780784410646
  • Files: TRIS, ASCE
  • Created Date: Jun 15 2024 4:42PM