The remarkable resurgence of rail

The remarkable resurgence of rail

 

Once derided as old-fashioned and boring, today’s rail sector is positively sizzling. Old lines are being rehabilitated; new – often high speed – lines and metros are being developed; and new sources of investment are flowing into the sector.

 

There is nothing boring about today’s rail sector. Flush with new investment and driven by growing public demand, the rail sector has – rather suddenly – surged back into the hearts and minds of politicians, investors and average citizens.

With the reevaluation of rail’s value has come a transformation of its funding. Government leaders and rail authorities are now exploring new and alternative approaches to funding and financing transit, often by monetizing the development opportunities that so often surround rail development.

 

And while government will often still need to take on some of the risk of development – many are starting to think more creatively about how major projects are funded and financed. Those that take the time to fully understand how their assets ‘fit’ into the wider economy should be better placed to reap the broader benefits.

I welcome you to comment and share your insights on the growth of the rail sector.

View this SlideShare presentation for more on the remarkable resurgence of rail.

Mike Hann MBE TD FICE FInstRE

Chartered Civil Engineer in the Rail Industry

6y

Let’s hope it's not another false dawn. I hope not but we’ve been here before only for things to dampen down as soon as the bill is presented. If we want the Railway we deserve it costs; that said, the way we procure it must change to a much more streamlined model.

Like
Reply
Lamar Campbell

Transportation/Logistics Professional - Risk Management - Leader/Manager - Partner-Client collaborator

6y

The closer integration of container movement B2B involving rails and truck movements are shifting the pricing for customers. Transparency to the customer is also a game changer.

Like
Reply
David Kelsch

GRAND RIVER RAILWAY SWITCHING - TRANSLOAD -3PL

6y

I couldn't agree more.

Xavier Harmony, PhD

Public Transport and Rail Policy, Planning, and Research

6y

I'd be interested to see how the growth has been changing between different types of rail. Metro v commuter v intercity, for example. I'd also be interested to see if there have been changes to government support for passenger rail projects.

Like
Reply

Like your post

Like
Reply

To view or add a comment, sign in

Insights from the community

Others also viewed

Explore topics