Keys to Attracting Private Capital for Railway Development
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 recogn...
| Main Authors: | , |
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| Format: | Brief |
| Language: | English en_US |
| Published: |
World Bank Group, Washington, DC
2015
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2015/07/24441339/keys-attracting-private-capital-railway-development http://hdl.handle.net/10986/22309 |
| Summary: | 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. |
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