Stage 6 Finance and Economics

Cost Estimation

The capital works/investment for the improvement plan includes:

  • Activities which are not likely to generate revenue.
  • Activities which would have a revenue stream or could be sponsored.
  • Activities which would require capital investment, but would generate revenue.

The first category would largely comprise civil works, such as road improvements, pedestrian facilities, cycle tracks etc. These activities would largely have to be carried out with public funds.

The second category would basically comprise supporting infrastructure for public transport. This would include construction of wayside bus shelters, pedestrian and cycling facilities, signages etc. Though the funds required are much lower than for the first category, they would have to be provided by the city government.

The third category is directly related to bus operations and investment would be required to procure vehicles. The operating agency would have to mobilize the funds.

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