Economic investigation for building a high-speed rail in developing countries: The case of Egypt

Belal, Eslam M.; Khalil, Ahmed A.; El–Dash, Karim

doi:10.1016/j.asej.2020.02.003

Cited by 8 publications

(6 citation statements)

References 7 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Belal et al . (2020) studied the economic viability of high-speed rail lines in developing countries through identifying the potential costs and benefits.…”

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

A socio-economic study for establishing an environment-friendly metro in Kuwait

AlKheder

Abdullah

Sayegh

2022

IJSE

View full text Add to dashboard Cite

Purpose This paper aimed to study the optimal way to implement and subsequently manage the new metropolitan lines in the Kuwait city as well as to justify them from a social and economic-financial viability standpoint and the most important aspects of transport infrastructure projects viability. The implementation of new modes of transport in an urban environment requires the study of several factors that allow their incorporation on the transport system in the most efficient method. These factors include reviewing the organization of the transport system. The concept of transport system organization, financing models and common trends was defined. Finally, the Public Transport Authority was created to define global objectives and establish specific policies to achieve them was suggested.Design/methodology/approach After the analysis of the “status quo” of transport systems organization, the financing and management schemes, both infrastructure projects and the provision of rail service were analysed. The characteristics of the PPP scheme (Public–Private Participation) contract, advantages and disadvantages, its structure, and the definition and share of risk (matrix of risk, rights and obligations of the parties) as a key element of the PPP contracts were defined. From this point onwards, the legal framework in force in Kuwait was analysed, particularly the administrative and commercial regulations applying to this project and the authors verified that the economic-financial viability analysis suggested before can be established under this framework.Findings For the viability of these alternatives, the authors developed a simulation economic-financial model that reflects Financial Statements for the “Society Vehicle Project” and are considered some minimum thresholds of profitability, both from the viewpoint of the partners sponsoring the project as from the standpoint of lenders, which make attractive participation of private initiative. Finally, there was a short socio-economic analysis to justify the project implementation from a social standpoint. It analyses and quantifies the reduction of operating expenses of other modes of transport, travelling times, accident rates, environmental pollution etc. All these factors affect the quality of life of the population of Kuwait and are the main reason to carry out this project. Several recommendations were raised that aimed at preparing the projects, bidding and selection of private partner and the articulation and implementation of projects.Originality/value This research contributes to the existing body of knowledge through setting the framework for metro projects in arid regions with the hottest temperature on Earth such as Kuwait where such projects are missing completely. This work will be very helpful to governments and municipalities in taking investment decisions. It sets the strategy for utilizing the best of decision-making theory, identifying the reliability advantages and finding the larger economic effects. This work identified, through the analysis of alternative management options generally used in underground and rail projects in different parts of the world, the most convenient alternative in developing countries. It also clearly showed, through the analysis carried out on governmental contributions, how to obtain economic viability for such types of projects. Finally, it helped drawing a roadmap for preparing the projects, bidding and selection of private partner and the articulation and implementation of projects in Kuwait and Gulf Cooperation Countries (GCC).

show abstract

“…Belal et al . (2020) studied the economic viability of high-speed rail lines in developing countries through identifying the potential costs and benefits.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Other factors were summarized in the Handbook on the external costs of transport (Move, 2019). Belal et al (2020) studied the economic viability of high-speed rail lines in developing countries through identifying the potential costs and benefits. They assessed various kinds of benefits and costs through a cost-benefit analysis (CBA).…”

Section: Literature Reviewmentioning

confidence: 99%

A socio-economic study for establishing an environment-friendly metro in Kuwait

AlKheder

Abdullah

Sayegh

2022

IJSE

View full text Add to dashboard Cite

show abstract

“…that can limit commercial speed below 250-300 km/h [15]. The construction of new HSR infrastructure includes three main types of costs: planning costs and land costs, infrastructure construction costs and superstructure costs [16]. The time required for planning and technical design of HSR lines varies greatly from project to project, depending on their specific legal and administrative arrangements.…”

Section: Development Of High-speed Rail In Europementioning

confidence: 99%

Infrastructure costs and benefits of European high-speed rail

Branković

Kalem

2021

Sci. Eng. Technol.

View full text Add to dashboard Cite

The development of new technologies has significantly influenced railways modernization and has caused the appearance of high-speed rail which represent a safe, comfortable and ecologically sustainable way of transportation. The high-speed rail present a big step in a relation to conventional railways, where the biggest difference is speed which even entails a change of other organizational and operational parameters, better utilization of trains, higher performance of manpower and better service to users. That is visible in many cities around the world where high-speed trains are used by billions of users. In the EU there is no unique high-speed railway network, besides that in many EU member countries various operational models are applied. The future of the high-speed railways market depends on political, economical and technical factors and challenges as high infrastructure costs, various rates of return on investment and the negative effects of economic crises. The main objective of the paper is to analyze infrastucture costs of high-speed rail in Europe and benefits such us time savings, higher reliability, comfort, safety, reducing pollution and the release of capacity in the conventional rail network, roads and airport infrastructure.

show abstract

“…For example, the project managers of the Beijing-Shanghai HSR needed to employ construction technology such as high-speed, long-span, deep-water bridges, ballast-less tracks, the laying and welding of long tracks, and track vibration mitigation. In order to solve these problems, HSR projects require huge investments that are two–three times those required for normal train systems [ 2 ]. Moreover, the organizational management of HSR projects is difficult because the projects span several administrative regions and include stakeholders at multiple levels, such as central and local governments, project developers, experts and contractors.…”

Section: Introductionmentioning

confidence: 99%

“…(1) First, within the project system, the traditional project management objectives of investment, quality, duration and safety should be achieved [5]. (2) Secondly, the HSR project is intended to promote regional economic development along the train line and avoid ecological damage, health hazards and social injustice. Therefore, the external objective of the HSR project is to achieve sustainable performance in the economy-ecology-social system [6].…”

Section: Introductionmentioning

confidence: 99%

Risk Assessment of High-Speed Rail Projects: A Risk Coupling Model Based on System Dynamics

Xue

Pan

Jia

et al. 2020

IJERPH

View full text Add to dashboard Cite

Due to their characteristics and multiple objectives, high-speed rail (HSR) projects carry more complex risks than conventional projects and high correlation and conductivity are among the associated risk factors. Previous risk assessment frameworks for rail infrastructure have ignored the effects of risk interactions that inflate risk levels, namely, risk coupling effects. Based on a system dynamics method, this paper develops a risk coupling model for HSR project risk assessments. A risk factor list is established from a literature review, and relationships analysed using a case study and expert interviews. System dynamics equations are constructed and their parameters obtained by expert evaluations of risk factors. The proposed model is applied to a real-world HSR project to demonstrate it in detail. The model can evaluate the risk levels of HSR projects during a simulation period. In particular, it can identify the key coupling effects that are the main increased risk. It provides a significant resource, using which HSR project managers can identify and mitigate risks.

show abstract

Economic investigation for building a high-speed rail in developing countries: The case of Egypt

Cited by 8 publications

References 7 publications

A socio-economic study for establishing an environment-friendly metro in Kuwait

A socio-economic study for establishing an environment-friendly metro in Kuwait

Infrastructure costs and benefits of European high-speed rail

Risk Assessment of High-Speed Rail Projects: A Risk Coupling Model Based on System Dynamics

Contact Info

Product

Resources

About