Public Private Partnership in Urban Rail Systems Model Concession Agreement Second Edition: April 2014

Abstract

The last fifty years have witnessed an explosive growth in urbanisation and has generated considerable pressure on urban infrastructure causing traffic congestion, pollution and high transport costs. Public transport systems have not been able to keep pace with the growth in traffic leading to loss of productive time, increased costs and higher pollution levels. It is, therefore, essential to promote public transport with a view to easing congestion and improving the quality of life. In the developed world, metro rail systems are the fastest and the cheapest mode of public transport. Though highly capital intensive they offer the most efficient solutions for transporting large number of passengers during peak hours. For example, a metro rail system can carry more than 50,000 passengers in one direction per hour.