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Published:
Last Updated:
22 Jan 2019

Private Sector Participation in Light Rail/Light Metro Transit Initiatives

Author: Cledan Mandri-Perrott (with Iain Menzies)

This book addresses the growing worldwide interest in the use of light rail metro transit (LRMT) schemes to provide urban transport solutions and reviews the potential use of public-private partnership (PPP), or private-public participation, models to support LRMT schemes. This work, funded by the World Bank and the Public-Private Infrastructure Advisory Facility, is based on extensive industry consultation and the development of case studies from recent major LRMT schemes, all involving some form of PPP arrangement. The approach begins with the basic premise that the need for an LRMT scheme has already been justified and that there is a need for a systematic approach for assessing and developing the scheme while making use of some form of public-private participation. The work draws heavily on current case studies, both in major international LRMT schemes as well as in current PPP best practice. The book has been structured to follow the expected course of development of major LRMT schemes, from policy issues through procurement of a viable and sustainable arrangement. The approach is to show how to make use of PPP effectively and how to incorporate the necessary checks and balances in the evaluation, development, and long-term operation of the project.

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