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PROCEEDINGS OF THE WORKSHOP ON INTERNATIONAL TRANSIT TURNKEY AND JOINT DEVELOPMENT. INTERNATIONAL VIEWPOINT: TURNKEY AND JOINT DEVELOPMENT

Pierre Laconte

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Abstract

The Secretary General, Union International des Transportes, Brussels, Belgium, noted that a survey of international transit developments reveals substantial numbers of turnkey projects and joint development experiences. For this workshop he applied the following criteria to selected cases for consideration: a minimum one hundred percent fare box recovery ratio; the private sector assumption of one hundred percent of the operating risk; and high levels of auto ownership, as is characteristic of the United States. He highlighted a number of reasons for the success of those turnkey and joint development projects which he discussed.

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The Secretary General, Union International des Transportes, Brussels, Belgium, noted that a survey of international transit developments reveals substantial numbers of turnkey projects and joint development experiences. For this workshop he applied the following criteria to selected cases for consideration: a minimum one hundred percent fare box recovery ratio; the private sector assumption of one hundred percent of the operating risk; and high levels of auto ownership, as is characteristic of the United States. He highlighted a number of reasons for the success of those turnkey and joint development projects which he discussed.

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Available abstract

The Secretary General, Union International des Transportes, Brussels, Belgium, noted that a survey of international transit developments reveals substantial numbers of turnkey projects and joint development experiences. For this workshop he applied the following criteria to selected cases for consideration: a minimum one hundred percent fare box recovery ratio; the private sector assumption of one hundred percent of the operating risk; and high levels of auto ownership, as is characteristic of the United States. He highlighted a number of reasons for the success of those turnkey and joint development projects which he discussed.

Key concepts: Turnkey, Joint (building), Engineering, Operations management, Business, Transport engineering, Civil engineering, Telecommunications

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PROCEEDINGS OF THE WORKSHOP ON INTERNATIONAL TRANSIT TURNKEY AND JOINT DEVELOPMENT. INTERNATIONAL VIEWPOINT: TURNKEY AND JOINT DEVELOPMENT — Research Paper | ScholarLens