Priorities for investment in the railways

Priorities for investment in the railways
Author: Great Britain: Parliament: House of Commons: Transport Committee
Publisher: The Stationery Office
Total Pages: 52
Release: 2010-02-15
Genre: Business & Economics
ISBN: 9780215544025

The railways in Britain are currently experiencing historically high levels of investment. Network Rail, the monopoly owner and operator of Britain's fixed rail infrastructure, is investing about £35 billion in the railway network between 2009 and 2014. In this inquiry the Transport Committee assess the value of further investment to enhance Britain's railway network and - within the context of likely public spending reductions following the recession - to identify essential rail investment priorities for the future. Investment in rail enhancements can positively benefit the economy through reducing journey times, providing access to employment, contributing to the regeneration of local areas and, in the short-term, providing much-needed construction jobs. Failure to invest now to enhance the network, and to alleviate capacity constraints, will only damage the prosperity of the railways in the long term. The Committee believes the Government should continue to focus on enhancing the network, promoting integration of transport modes and reacting positively to proposals to develop new rail lines, or reopening old ones, serving communities with little or no access to the rail network. The report sets out which needs and schemes the Committee thinks should be considered high priorities in the medium to long-term.

High-speed Rail

High-speed Rail
Author: Petra Todorovich
Publisher:
Total Pages: 0
Release: 2011
Genre: High speed ground transportation
ISBN: 9781558442221

This Policy Focus Report was a product of the Lincoln Institute of Land Policy, the Regional Plan Association and their joint venture America 2050. The Lincoln Institute of Land Policy has been engaged in a series of projects with the Regional Plan Association for more than a decade. The partnership spawned the national initiative known as America 2050, which is aimed at meeting the infrastructure, economic development and environmental challenges of the nation, in preparation for a population increase of about 130 million by 2050. A major focus of America 2050 is the emergence of megaregions - large networks of metropolitan areas, where most of the population growth by mid-century will take place. Examples of megaregions are the Northeast Megaregion, from Boston to Washington, or Southern California, from Los Angeles to Tijuana, Mexico. High-speed rail is capable of linking employment centers and population hubs in corridors up to 600 miles in length in 11 U.S. megaregions.This Policy Focus Report was a product of the Lincoln Institute of Land Policy, the Regional Plan Association and their joint venture America 2050. The Lincoln Institute of Land Policy has been engaged in a series of projects with the Regional Plan Association for more than a decade. The partnership spawned the national initiative known as America 2050, which is aimed at meeting the infrastructure, economic development and environmental challenges of the nation, in preparation for a population increase of about 130 million by 2050. A major focus of America 2050 is the emergence of megaregions - large networks of metropolitan areas, where most of the population growth by mid-century will take place. Examples of megaregions are the Northeast Megaregion, from Boston to Washington, or Southern California, from Los Angeles to Tijuana, Mexico. High-speed rail is capable of linking employment centers and population hubs in corridors up to 600 miles in length in 11 U.S. megaregions.

High Speed Rail

High Speed Rail
Author: Susan A. Fleming
Publisher: DIANE Publishing
Total Pages: 40
Release: 2010-10
Genre: Transportation
ISBN: 1437935192

The American Recovery and Reinvestment Act (Recovery Act) and subsequent appropriations have dramatically increased federal funds available for high speed intercity passenger rail from $120 million in FY 2008 and FY 2009 combined to $10.5 billion available in FY 2010. Other issues, such as developing industry capacity to supply rail equipment and fostering multiyear public support for such systems must be resolved. This report reviewed: (1) how states started or improved passenger rail services in the recent past; (2) rail industry plans to accommodate the increased passenger rail investments; and (3) Federal Railroad Admin. plans to oversee the use of federal intercity passenger rail funds. Charts and tables.

High-Speed Rail and Sustainability

High-Speed Rail and Sustainability
Author: Blas Luis Pérez Henríquez
Publisher: Taylor & Francis
Total Pages: 387
Release: 2017-01-06
Genre: Business & Economics
ISBN: 131748584X

High speed rail (HSR) is being touted as a strategic investment for connecting people across regions, while also fostering prosperity and smart urban growth. However, as its popularity increases, its implementation has become contentious with various parties contesting the validity of socioeconomic and environmental objectives put forward as justification for investment. High Speed Rail and Sustainability explores the environmental, economic and social effects of developing a HSR system, presenting new evaluations of the proposed system in California in the US as well as lessons from international experience. Drawing upon the accumulated experience from past HSR system development around the world, leading experts present a diverse set of perspectives as well as diverse contexts of implementation. Assessments of the California case as well as cases from Japan, France, Germany, Italy, Spain, Taiwan, China, and the UK show how governments and stakeholders have bridged the gap between the vision and the realities of connecting metropolitan regions through HSR. This is a valuable resource for academics, researchers and policy-makers in the areas of urban planning, civil engineering, transportation and environmental design.

China's High-Speed Rail Development

China's High-Speed Rail Development
Author: Martha Lawrence
Publisher: World Bank Publications
Total Pages: 101
Release: 2019-06-24
Genre: Business & Economics
ISBN: 1464814252

Over the past decade, China has built 25,000 km of dedicated highspeed railway—more than the rest of the world combined. What can we learn from this remarkable experience? China’s High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in high-speed rail. The report scrutinizes the planning and delivery mechanisms that enabled the rapid construction of the high-speed rail system. It highlights the role of long-term planning, consistent plan execution, and a joint venture structure that ensures active participation of provincial and local governments in project planning and financing. Traffic on China’s high-speed trains has grown to 1.7 billion passengers a year. The study examines the characteristics of the markets for which high-speed rail is competitive in China. It discusses the pricing and service design considerations that go into making high-speed rail services competitive with other modes and factors such as good urban connectivity that make the service attractive to customers. One of the most remarkable aspects of the Chinese experience is the rapid pace of high-quality construction. The report looks at the role of strong capacity development within and cooperation among China Railway Corporation, rail manufacturers, universities, research institutions, laboratories, and engineering centers that allowed for rapid technological advancement and localization of technology. It describes the project delivery structures and incentives for delivering quality and timely results. Finally, the report analyzes the financial and economic sustainability of the investment in high-speed rail. It finds that a developing country can price high-speed rail services affordably and still achieve financial viability, but this requires very high passenger density. Economic viability similarly depends on high passenger density.

Economic Analysis of High Speed Rail in Europe

Economic Analysis of High Speed Rail in Europe
Author:
Publisher: Fundacion BBVA
Total Pages: 136
Release: 2012-07-02
Genre:
ISBN: 8492937327

Este informe pretende contribuir al análisis económico de los proyectos de inversión en alta velocidad ferroviaria. La evaluación económica de proyectos puede ayudar a los gobiernos a formarse una idea más precisa sobre los beneficios esperados de distintas líneas de actuación que absorben dinero público para resolver un mismo problema de transporte. En este informe se trata de determinar las circunstancias en las que la inversión en alta velocidad es socialmente deseable y en que otras la sociedad gana posponiendo la inversión. La red de alta velocidad puede construirse gradualmente, añadiendo nuevas líneas una vez que la evaluación económica muestra una rentabilidad social positiva.

High Speed Passenger Rail

High Speed Passenger Rail
Author: Susan A. Fleming
Publisher: DIANE Publishing
Total Pages: 108
Release: 2009-06
Genre: Transportation
ISBN: 1437914454

Federal and other decision makers have had a renewed interest in how high speed rail (HSR) might fit into the national transport. system and address increasing mobility constraints on highways and at airports due to congestion. This report reviews: (1) the factors affecting the economic viability-- meaning whether total social benefits offset or justify total social costs -- of HSR projects, incl. difficulties in determining the economic viability of proposed projects; (2) the challenges in developing and financing HSR systems; and (3) the federal role in the potential development of U.S. HSR systems. The auditor interviewed fed., state, local, and private sector officials; and reviewed HSR development in France, Japan, and Spain. Charts and tables.