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http://hdl.handle.net/123456789/1696
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| Title: | Financing public transit systems in Kuala Lumpur, Malaysia: Challenges and prospects |
| Authors: | Kiggundu, Amin Tamale |
| Keywords: | Public transport
Financing
Rail concessions
Franchising
Value capture |
| Issue Date: | 2009 |
| Publisher: | Springer |
| Citation: | Transportation, 2009, 36(3): 275-294 |
| Abstract: | Most major cities across the world are today facing an intractable challenge of financing public transport. In Kuala Lumpur for example, public transport services are somewhat poor in part because of the failure by major operators to secure ample funding. This article argues that despite the insuperable challenges, prospects for the future funding of public transport in Kuala Lumpur appears to be good. The article also draws lessons from both Tokyo and Hong Kong for Kuala Lumpur. It concludes that the previous funding programmes implemented in the city have failed to produce a replicable model for financing public transport. Due to numerous financial problems and dismal performance of privately owned transit firms, the State has in the recent past emerged as a key source of funding for the public transport sector in Kuala Lumpur. To address the funding deficit facing the public transport industry in the city it is crucial that more viable strategies and policies such as value capture and public-private sector partnerships are adopted by the urban authorities. |
| Description: | This is a pre-print version of the published article. |
| URI: | http://www.springerlink.com/content/0049-4488/
http://hdl.handle.net/123456789/1696 |
| ISSN: | 0049-4488 |
| Appears in Collections: | Research Articles (Tech)
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Files in This Item:
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Description |
Size | Format |
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| kiggundu-amin-tamale-tech-res_preprint.pdf | | 1857Kb | Adobe PDF | View/Open |
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