2001•Railway gazette internationalRequires access

FRANCHISE STRUCTURE MUST DRIVE INVESTMENT

Henry Posner

Abstract

Railroad Development Corporation (RDC) has carved a niche in the global rail privatisation movement through undertaking some of the world's most difficult transactions. This illustrates how a small company can survive by identifying transactions where it has a competitive advantage and a realistic prospect of success. The company has investments in Guatemala, Argentina, Peru and Malawi. RDC's investment philosophy is outlined. The impact of the structure of a railway concession on its value and scope for investment and growth is discussed. The market reaction to different rail privatisation models (exclusive franchises in America and open access in Europe) is examined.

About this research paper

What this paper is about

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Key concepts: Scope (computer science), Franchise, Investment (military), Corporation, Business, Industrial organization, Value (mathematics), Competitive advantage