English, Article, Journal or magazine article edition: Preparing multiyear railway investment plans : a market-oriented approach Rebelo, Jorge M.

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/188524
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Preparing multiyear railway investment plans : a market-oriented approach
Author
  • Rebelo, Jorge M.
Physical Description
  • preprint
Notes
  • With the emergence of a powerful trucking industry and the deregulation of transport, most of the once-powerful developing country railways are facing a struggle for survival. Traditional traffic is shifting to trucking and pipelines, governments are increasingly reluctant to write blank checks to cover deficits, and the falling morale of railroaders is harming productivity and reliability. Railway managements know they must introduce institutional and organizational changes that make railways market-oriented. Governments must support legislation that creates an enabling environment that supports the railway's autonomy and allows it to compete. Young planners and not-so-young railroaders struggling with multiyear investment plans tend to concentrate only on investing in infrastructure and acquiring equipment (bricks and mortar). They tend to ignore or underestimate essential institutional reform, without which the revival of the railways cannot be sustained. The author's practical and detailed paper will help railway planners prepare profit-oriented multiyear investment plans. He describes the steps of a plan, and within each step, lists basic issues and questions relevant to that step. He highlights the importance of marketing and sales in the modern railway, and shows how to screen proposed projects and package them into meaningful corridors, where the level of service can benefit substantially from the proposed investment. Long-term objectives for modernizing a railway, according to the author, would include achieving complete autonomy from the government, supporting ongoing economic rehabilitation programs, maximizing profits, signing contract plans for government-imposed services, and developing railway real estate. Medium-term objectives would include increasing the railway's commercial orientation, continuing the rehabilitation of plant and equipment, searching for and developing new markets, lobbying for approval of an enabling plan, and achieving an acceptable tonnage/​staff ratio. Short-term objectives would include supporting an ongoing economic rehabilitation program; maximizing profits; removing bottlenecks when an investment is not necessary to do so; starting the rehabilitation of plant and equipment; preparing a plan for developing an enabling environment; strengthening marketing and sales, accounting, and railway costing; and starting a manpower development and retraining program.
  • Railways Transport,ICT Policy and Strategies,Health Monitoring&​Evaluation,Roads&​Highways,Public Sector Economics&​Finance
  • RePEc:wbk:wbrwps:1006
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment