Traditional or public-private partnerships for procurement of light rail transit
Citation:
C. Clements and M. O'Mahony, Traditional or public-private partnerships for procurement of light rail transit: [in proceedings of the] 84th Transportation Research Board Annual Meeting, Washington D.C., January 9th-13th, 2005, Transportation Research Board of the National Academies, 2005, pp[1-33]Download Item:
Abstract:
Over the past number of years infrastructural development has been a major concern in
Ireland. The economic upturn of the country has required significant developments in
this area in order to maintain the financial position the country now finds itself in. The
Irish Government has acknowledged that the lack of infrastructure, particularly public
transport, is creating a serious congestion problem. At an urban level, two lines of a
Light Rail Transit (LRT) System have been introduced into Dublin this year. They were
funded from the European Union (EU) and government funds. An extension of one of
the LRT lines is currently at procurement stage and the paper uses the Tsamboulos
method to assess if it is likely to be attractive to private finance. It was found that
investors are likely to be very averse to planning risk but are less worried about financial
and construction risks.
Author's Homepage:
http://people.tcd.ie/mmmahonyDescription:
PUBLISHED
Author: O'MAHONY, MARGARET MARY
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Annual Meeting of theTransportation Research Board: 84th: Washington, D.C.: 2005Publisher:
Transportation Research Board of the National AcademiesType of material:
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