Private Capital for Railway Development
China is considering ways to attract additional capital to finance investment in railways. Worldwide, private capital has been attracted to the railway sector through a range of mechanisms including: (i) private sector provision of specific rail se...
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| Format: | Brief |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/134031468263105814/Private-capital-for-railway-development http://hdl.handle.net/10986/25482 |
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okr-10986-254822021-04-23T14:04:31Z Private Capital for Railway Development Lawrence, Martha Ollivier, Gerald AMOUNT OF DEBT AUCTIONS BALANCE SHEET BANK INVESTORS BANK OFFICE BANKRUPTCY BONDS CAPITAL GAINS CAPITAL INVESTMENT CAPITAL STRUCTURE COMMON EQUITY CONCESSIONS CONTRACTUAL OBLIGATION CORPORATE GOVERNANCE COST OF CAPITAL CURRENCY CURRENCY RISK DEBT DEBT CAPITAL DEBT FINANCING DEBT OBLIGATIONS DIVIDEND DIVIDENDS EQUIPMENT EQUITY CAPITAL EQUITY FINANCING EQUITY INVESTMENT EXCHANGE RATE EXPROPRIATION FINANCIAL EXPOSURE FINANCIAL INSTITUTIONS FINANCIAL RETURN FINANCIAL RISK FREIGHT FREIGHT RAIL FREIGHT TRANSPORT FREIGHT WAGONS GOVERNMENT ACTIONS GOVERNMENT SUPPORTS INCOME INVESTING INVESTMENT AMOUNT INVESTMENT CLIMATE INVESTMENT IN RAILWAYS INVESTMENT PRINCIPAL JOINT VENTURE JOINT VENTURES LAND USE LAND VALUE LAND VALUES LEASES LEASING LEGAL ENVIRONMENT LEGAL FRAMEWORK LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCOMOTIVES LONG TERM DEBT LONG TERM INVESTMENT MARKET CAPITALIZATION MARKET PRICE MARKET VALUE METRO TRIPS MIDDLE-INCOME COUNTRIES MINORITY SHAREHOLDERS NATIONAL RAILWAY OUTPUTS OUTSOURCING PASSENGER SERVICE PASSENGERS PPP PRIVATE CAPITAL PRIVATE FINANCING PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE RAILWAYS PRIVATE SECTOR FINANCES PRIVATE SECTOR INVESTOR PRIVATE SECTOR INVESTORS PRIVATIZATION PROFITABILITY PUBLIC AUCTIONS RAIL RAIL ASSETS RAIL DEVELOPMENT RAIL NETWORK RAIL PROJECTS RAIL SERVICES RAIL STATIONS RAILROAD RAILWAY RAILWAY ACTIVITIES RAILWAY ACTIVITY RAILWAY ADMINISTRATIONS RAILWAY BUSINESS RAILWAY COMPANIES RAILWAY COMPANY RAILWAY CONCESSIONS RAILWAY CONSTRUCTION RAILWAY CORPORATION RAILWAY CUSTOMER RAILWAY DEVELOPMENT RAILWAY EQUIPMENT RAILWAY INFRASTRUCTURE RAILWAY INVESTMENT RAILWAY LINE RAILWAY LINES RAILWAY NETWORK RAILWAY OPERATIONS RAILWAY PROJECTS RAILWAY REAL ESTATE RAILWAY SECTOR RAILWAY STATIONS RAILWAY TRANSPORT RAILWAYS RATE OF RETURN RETURN RETURN ON ASSETS RETURN ON DEBT RETURN ON INVESTMENT RETURNS RETURNS ON EQUITY RIGHT-OF-WAY RIGHTS OF MINORITY SHAREHOLDERS RISKY INVESTMENTS ROLLING STOCK SAFETY SETTLEMENT SHARE OF CAPITAL SHAREHOLDER SHAREHOLDERS STOCK EXCHANGE SURFACE TRANSPORTATION TELECOMMUNICATIONS TOLL TRACK TRADES TRADING TRAFFIC TRAIN OPERATORS TRANSIT TRANSPORT TRANSPORT CAPACITY TRANSPORT MODES TRANSPORT OF HAZARDOUS MATERIALS TRANSPORT SECTOR UNDERGROUND VOLATILITY WORKING CAPITAL China is considering ways to attract additional capital to finance investment in railways. Worldwide, private capital has been attracted to the railway sector through a range of mechanisms including: (i) private sector provision of specific rail services or assets such as rolling stock; (ii) public private partnerships; (iii) leveraging commercial value of rail assets and increased land value around stations; and (iv) debt and equity financing of railway companies. Private sector investors seek to earn a return on investment that is commensurate with the risk of the investment. Therefore one will be attracted to profitable opportunities with manageable risk. Steps China can take to attract private capital for railway development include: (i) creating a policy and legal environment that protects the interests of different types of investors in the railway sector; (ii) identifying and creating profitable railway markets and entities that are suitable for private sector investment; (iii) managing the perception of risk in railway activities and assets; (iv) promoting asset sharing opportunities; and (v) expanding public private partnerships (PPPs) in rail assets and services. 2016-11-29T20:00:49Z 2016-11-29T20:00:49Z 2014-08 Brief http://documents.worldbank.org/curated/en/134031468263105814/Private-capital-for-railway-development http://hdl.handle.net/10986/25482 English en_US China Transport Topics;No. 10 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief East Asia and Pacific China |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AMOUNT OF DEBT AUCTIONS BALANCE SHEET BANK INVESTORS BANK OFFICE BANKRUPTCY BONDS CAPITAL GAINS CAPITAL INVESTMENT CAPITAL STRUCTURE COMMON EQUITY CONCESSIONS CONTRACTUAL OBLIGATION CORPORATE GOVERNANCE COST OF CAPITAL CURRENCY CURRENCY RISK DEBT DEBT CAPITAL DEBT FINANCING DEBT OBLIGATIONS DIVIDEND DIVIDENDS EQUIPMENT EQUITY CAPITAL EQUITY FINANCING EQUITY INVESTMENT EXCHANGE RATE EXPROPRIATION FINANCIAL EXPOSURE FINANCIAL INSTITUTIONS FINANCIAL RETURN FINANCIAL RISK FREIGHT FREIGHT RAIL FREIGHT TRANSPORT FREIGHT WAGONS GOVERNMENT ACTIONS GOVERNMENT SUPPORTS INCOME INVESTING INVESTMENT AMOUNT INVESTMENT CLIMATE INVESTMENT IN RAILWAYS INVESTMENT PRINCIPAL JOINT VENTURE JOINT VENTURES LAND USE LAND VALUE LAND VALUES LEASES LEASING LEGAL ENVIRONMENT LEGAL FRAMEWORK LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCOMOTIVES LONG TERM DEBT LONG TERM INVESTMENT MARKET CAPITALIZATION MARKET PRICE MARKET VALUE METRO TRIPS MIDDLE-INCOME COUNTRIES MINORITY SHAREHOLDERS NATIONAL RAILWAY OUTPUTS OUTSOURCING PASSENGER SERVICE PASSENGERS PPP PRIVATE CAPITAL PRIVATE FINANCING PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE RAILWAYS PRIVATE SECTOR FINANCES PRIVATE SECTOR INVESTOR PRIVATE SECTOR INVESTORS PRIVATIZATION PROFITABILITY PUBLIC AUCTIONS RAIL RAIL ASSETS RAIL DEVELOPMENT RAIL NETWORK RAIL PROJECTS RAIL SERVICES RAIL STATIONS RAILROAD RAILWAY RAILWAY ACTIVITIES RAILWAY ACTIVITY RAILWAY ADMINISTRATIONS RAILWAY BUSINESS RAILWAY COMPANIES RAILWAY COMPANY RAILWAY CONCESSIONS RAILWAY CONSTRUCTION RAILWAY CORPORATION RAILWAY CUSTOMER RAILWAY DEVELOPMENT RAILWAY EQUIPMENT RAILWAY INFRASTRUCTURE RAILWAY INVESTMENT RAILWAY LINE RAILWAY LINES RAILWAY NETWORK RAILWAY OPERATIONS RAILWAY PROJECTS RAILWAY REAL ESTATE RAILWAY SECTOR RAILWAY STATIONS RAILWAY TRANSPORT RAILWAYS RATE OF RETURN RETURN RETURN ON ASSETS RETURN ON DEBT RETURN ON INVESTMENT RETURNS RETURNS ON EQUITY RIGHT-OF-WAY RIGHTS OF MINORITY SHAREHOLDERS RISKY INVESTMENTS ROLLING STOCK SAFETY SETTLEMENT SHARE OF CAPITAL SHAREHOLDER SHAREHOLDERS STOCK EXCHANGE SURFACE TRANSPORTATION TELECOMMUNICATIONS TOLL TRACK TRADES TRADING TRAFFIC TRAIN OPERATORS TRANSIT TRANSPORT TRANSPORT CAPACITY TRANSPORT MODES TRANSPORT OF HAZARDOUS MATERIALS TRANSPORT SECTOR UNDERGROUND VOLATILITY WORKING CAPITAL |
| spellingShingle |
AMOUNT OF DEBT AUCTIONS BALANCE SHEET BANK INVESTORS BANK OFFICE BANKRUPTCY BONDS CAPITAL GAINS CAPITAL INVESTMENT CAPITAL STRUCTURE COMMON EQUITY CONCESSIONS CONTRACTUAL OBLIGATION CORPORATE GOVERNANCE COST OF CAPITAL CURRENCY CURRENCY RISK DEBT DEBT CAPITAL DEBT FINANCING DEBT OBLIGATIONS DIVIDEND DIVIDENDS EQUIPMENT EQUITY CAPITAL EQUITY FINANCING EQUITY INVESTMENT EXCHANGE RATE EXPROPRIATION FINANCIAL EXPOSURE FINANCIAL INSTITUTIONS FINANCIAL RETURN FINANCIAL RISK FREIGHT FREIGHT RAIL FREIGHT TRANSPORT FREIGHT WAGONS GOVERNMENT ACTIONS GOVERNMENT SUPPORTS INCOME INVESTING INVESTMENT AMOUNT INVESTMENT CLIMATE INVESTMENT IN RAILWAYS INVESTMENT PRINCIPAL JOINT VENTURE JOINT VENTURES LAND USE LAND VALUE LAND VALUES LEASES LEASING LEGAL ENVIRONMENT LEGAL FRAMEWORK LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCOMOTIVES LONG TERM DEBT LONG TERM INVESTMENT MARKET CAPITALIZATION MARKET PRICE MARKET VALUE METRO TRIPS MIDDLE-INCOME COUNTRIES MINORITY SHAREHOLDERS NATIONAL RAILWAY OUTPUTS OUTSOURCING PASSENGER SERVICE PASSENGERS PPP PRIVATE CAPITAL PRIVATE FINANCING PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE RAILWAYS PRIVATE SECTOR FINANCES PRIVATE SECTOR INVESTOR PRIVATE SECTOR INVESTORS PRIVATIZATION PROFITABILITY PUBLIC AUCTIONS RAIL RAIL ASSETS RAIL DEVELOPMENT RAIL NETWORK RAIL PROJECTS RAIL SERVICES RAIL STATIONS RAILROAD RAILWAY RAILWAY ACTIVITIES RAILWAY ACTIVITY RAILWAY ADMINISTRATIONS RAILWAY BUSINESS RAILWAY COMPANIES RAILWAY COMPANY RAILWAY CONCESSIONS RAILWAY CONSTRUCTION RAILWAY CORPORATION RAILWAY CUSTOMER RAILWAY DEVELOPMENT RAILWAY EQUIPMENT RAILWAY INFRASTRUCTURE RAILWAY INVESTMENT RAILWAY LINE RAILWAY LINES RAILWAY NETWORK RAILWAY OPERATIONS RAILWAY PROJECTS RAILWAY REAL ESTATE RAILWAY SECTOR RAILWAY STATIONS RAILWAY TRANSPORT RAILWAYS RATE OF RETURN RETURN RETURN ON ASSETS RETURN ON DEBT RETURN ON INVESTMENT RETURNS RETURNS ON EQUITY RIGHT-OF-WAY RIGHTS OF MINORITY SHAREHOLDERS RISKY INVESTMENTS ROLLING STOCK SAFETY SETTLEMENT SHARE OF CAPITAL SHAREHOLDER SHAREHOLDERS STOCK EXCHANGE SURFACE TRANSPORTATION TELECOMMUNICATIONS TOLL TRACK TRADES TRADING TRAFFIC TRAIN OPERATORS TRANSIT TRANSPORT TRANSPORT CAPACITY TRANSPORT MODES TRANSPORT OF HAZARDOUS MATERIALS TRANSPORT SECTOR UNDERGROUND VOLATILITY WORKING CAPITAL Lawrence, Martha Ollivier, Gerald Private Capital for Railway Development |
| geographic_facet |
East Asia and Pacific China |
| relation |
China Transport Topics;No. 10 |
| description |
China is considering ways to attract
additional capital to finance investment in railways.
Worldwide, private capital has been attracted to the railway
sector through a range of mechanisms including: (i) private
sector provision of specific rail services or assets such as
rolling stock; (ii) public private partnerships; (iii)
leveraging commercial value of rail assets and increased
land value around stations; and (iv) debt and equity
financing of railway companies. Private sector investors
seek to earn a return on investment that is commensurate
with the risk of the investment. Therefore one will be
attracted to profitable opportunities with manageable risk.
Steps China can take to attract private capital for railway
development include: (i) creating a policy and legal
environment that protects the interests of different types
of investors in the railway sector; (ii) identifying and
creating profitable railway markets and entities that are
suitable for private sector investment; (iii) managing the
perception of risk in railway activities and assets; (iv)
promoting asset sharing opportunities; and (v) expanding
public private partnerships (PPPs) in rail assets and services. |
| format |
Brief |
| author |
Lawrence, Martha Ollivier, Gerald |
| author_facet |
Lawrence, Martha Ollivier, Gerald |
| author_sort |
Lawrence, Martha |
| title |
Private Capital for Railway Development |
| title_short |
Private Capital for Railway Development |
| title_full |
Private Capital for Railway Development |
| title_fullStr |
Private Capital for Railway Development |
| title_full_unstemmed |
Private Capital for Railway Development |
| title_sort |
private capital for railway development |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/134031468263105814/Private-capital-for-railway-development http://hdl.handle.net/10986/25482 |
| _version_ |
1764459823672328192 |