Centro de Documentacion de Fundación MAPFRE - Transit investments in an age of uncertainty

Publication: [London] : Mckinsey & Company, 2020Physical description: 6 p.Series: (Public Sector Practice)Notes: Sumario: In 2017, the mayor of Nashville, Tennessee, proposed spending up to $9 billion on a masstransit system, including 26 miles of light rail. Voters rejected the plan the following year. One reason for this outcome: people questioned whether it made sense to spend big money, for decades, on traditional transit when mobility technologies were changing so quickly. Nashville is hardly the only city where people ask such questions. Even so, investment in light-rail and metro systems is massive. By 2025, we estimate, cities and rail operators will spend nearly $100 billion on new rolling stock. Over that same period, we estimate they will break ground on at least $1.4 trillion in new light-rail and metro projects. Asia accounts for two-thirds of the spending on construction: for example, Beijing, Kuala Lumpur, Shenzhen, and Singapore are all building at least one rail project with a value of more
than $5 billion.Materia / lugar / evento: Ferrocarriles Conectividad Innovación Nuevas tecnologías Sostenibilidad Tecnologías inteligentes Desarrollo tecnológico Otros autores: Hannon, Eric
Nijssen, Jan Tijs
Stern, Sebastian
Sumers, Ben
McKinsey & Company
Other categories: 894