Financing public transport systems in Kuala Lumpur,Malaysia: challenges and prospects |
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Authors: | Amin T Kiggundu |
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Institution: | (1) Department of Architecture, Faculty of Technology, Makerere University, P.O. Box 7062, Kampala, Uganda |
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Abstract: | Most major cities across the world today are 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 of major operators to secure ample
funding. Previous funding programs implemented in the city have failed to produce a replicable model for financing public
transport. Due to numerous financial problems and the dismal performance of privately owned transport firms, the State has
in the recent past emerged as a key source of funding for the public transport sector in Kuala Lumpur. 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. In order 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.
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Keywords: | Public transport Financing Rail concessions Franchising Value capture |
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