Private Sector_06 Mass Transit - 29 Jan 07

7/23/2019 Private Sector_06 Mass Transit - 29 Jan 07

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Mass Transit:

Comparison of Bangkok & Kuala Lumpur

Session on Priate Sector Participation

!ong "ee Kong

PPP #esource & #esearc$ Centre% Kuala Lumpur

The views expressed here are those of the presenter and do not necessarily reflect the views or

policies of the Asian Development Bank (ADB), or its Board of Directors, or the governments they

represent.


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KL: "istorical Background

Stud' (' )ICA *+, Appeared in Mid-Term #eie. of /t$ Mala'sia Plan

0*++12

Appeared in su(se3uent Mala'sia Plan4 Lack of (udget4

Started in earl' *++5s% completed in August 65574

8oernment9s intention to create integrated rail transit

net.ork% part of multi-model ur(an transport s'stem4


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KL: erie. of ;r(an #ail km electrified dou(le track s'stem2

L#T * and 6 0STA# and P;T#A2

?#L 0to KLIA airport2

KL Monorail


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KL: Priati@ed ;r(an #ail Transit S'stem


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KL: ;r(an #ail Transit


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KL: Benefits of Priati@ation

#educed traffic congestion and time-saing4 Positie impact on ur(an enironment4

Improed safet'4

#elieed goernment9s admin and financial (urden4

Promotion of economic gro.t$4

"elped to meet social target4


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KL: Issues

#easons (e$ind t$e need to priati@e ur(an transits'stem 0*5 'ears in t$e making2

#easons for negotiated (idding

er-estimation of passenger figures


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KL:


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KL: er-?stimation of Passenger =igures


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KL:


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KL: Lessons Learnt

er- estimation of riders$ip

erall aut$orit' (od' - to ensure ertical integration

of s'stems

#e3uires pu(lic sector su(sidi@ation to make faresafforda(le


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Bangkok Mass Transit Sc$emes

T$ree separate sc$emes .ere initiated in t$e *++59sBangkok Transit S'stem 0BTS or Sk'train2

"ope.ell eleated rail proEect

T$e su(.a' 065 km underground rail2


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Bangkok "ope.ell

Concession gien to "ope.ell Compan'

/5km multimodal transport s'stem - eleated toll road%

M#T% local road improement and a port rail

=inancial attractieness from propert' deelopment rig$ts

on S#T-o.ned land

Propert' (oom collapse during *++ financial crisis

*1F completed

8oernment terminated concession in *++,


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Bangkok - Sk'train

pened in late *+++ running on eleated $ea' rail s'stem

a(oe Bangkok commercial areas

67 km and 67 stations% cost ;S *4> (illion

#iders$ips (elo. forecast

*st 'ear% 3uarter of forecast

current% t$ird of forecast

=are (oG sufficient to coer operating and maintenance costs

(ut not capeG4

=inancial pro(lems% de(t of more t$an BT15 (illion #estructuring plan not 'et approed (' creditors

Talks of goernment (u'ing oer t$e de(ts 0and compan'2


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Bangkok - Su(.a'

Priate operates 0BMCL2 on 6>-'ear concession from Mass

Transit Aut$orit' of T$ailand4 Pu(lic sector paid for

construction% concessionaire paid for trains 0,5:65 funding24

Construction started


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Lessons Learnt

Lo. riders$ip - (elo. forecast

"olistic approac$ re3uired .it$ ertical integration4

"ig$ initial capeG - cost recoer' result in relatiel'

$ig$ fares compared to alternatie transportation

Linking transport infrastructure deelopment to profits

of propert' deelopment is an insecure (asis for

ordered progress 0"ope.ell24

M#T $elps stimulate economic gro.t$ - e4g4 rentalrates of (uildings gone up4

Private Sector_06 Mass Transit - 29 Jan 07

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Transcript of Private Sector_06 Mass Transit - 29 Jan 07