Project background
Many of the developing world’s larger cities (typically of over 1 million inhabitants) don’t always have primary urban transportation, such as metros, light rail systems and tramways. Yet population growth and economic migration means that new mass transit systems are essential to fulfil vital travel needs. One such city in Central Asia wants to avoid congestion and pollution resulting from the growth in private car ownership and considered the introduction of an elevated urban transportation system. Choosing the right route with a strong business case was the critical first step for the city and interested the private investors.
The client
Strategic Lines were contracted to PKF International - a UK based accountancy and management practice with a global network -offering accountancy, financial consulting and business advice. PKF were providing advice to an international investor on a mixed development combining transport, real estate and leisure facilities.
Our role
Our role was to advise PKF on the feasibility of the proposed urban transport project – reviewing the route, the technology, the ‘fit’ with existing construction initiatives, the capital costs, forecast demand levels and the procurement methodology.
- Desk top appraisal followed by extensive site visit
- Review with participants and analysis of options
- Development of project business case and key sensitivities
- Preparation of initial report and review with sponsors and key stakeholders.
- Second evaluation of subsequent route alignments and technology options.
- Development and report of second business case.
Team
Strategic Lines worked together Railway Systems Consultants, PKF’s local team and their real estate specialists.
Status
The project is the subject of further development and confidential negotiations between primary investors, lenders, local stakeholders and political entities.
- Concept development by project sponsors 2002/3
- Site visit, evaluation and report March/April 2003
- Second review, evaluation and report April 2004