Download or read book The Role of Project Evaluation in Transport Infrastructure Investment in Hong Kong written by Yick-fan Mok (Danny) and published by . This book was released on 1984 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Role of Project Evaluation in Transport Infrastructure Investment in Hong Kong written by Yick-Fan Danny Mok and published by Open Dissertation Press. This book was released on 2017-01-27 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "The Role of Project Evaluation in Transport Infrastructure Investment in Hong Kong" by Yick-fan, Danny, Mok, 莫亦凡, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. DOI: 10.5353/th_b4257399 Subjects: Transportation - Planning - Methodology - China - Hong Kong Infrastructure (Economics) - China - Hong Kong - Methodology Transportation planning Infrastructure (Economics)

Download or read book Land use Transport Planning in Hong Kong written by Harry T. Dimitriou and published by Routledge. This book was released on 2018-11-20 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume is certain to be the definitive work about the practice of land-use and transport planning in Hong Kong. Dimitriou and Cook explore the historical developments, current issues and problems, policy and planning responses and new directions. Hong Kong has experienced remarkable economic growth as the ‘Gateway to China’ and its land-use has become a model for other cities in the region and for China as a whole.

Download or read book CASE STUDY OF BUILD OPERATE TR written by Chi-Wah Felix Lo and published by Open Dissertation Press. This book was released on 2017-01-27 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "A Case Study of Build-operate-transfer Road Project in Hong Kong: Route 3 Country Park Section" by Chi-wah, Felix, Lo, 盧志華, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Abstracts of dissertation entitled A Case Study of Build-Operate-Transfer Road Project in Hong Kong: Route 3 Country Park Section Submitted by Lo Chi-wah, Felix For the degree of Master of Arts in Transport Policy and Planning at The University of Hong Kong in June 2004 In the planning of infrastructure projects, financing is a key consideration at the onset of the process. In view of the scale of infrastructure project and current budget deficit in Hong Kong, there is an increasing desire to tap new sources of funds from private sectors to finance projects in meeting development needs. The BOT structure is the most widely used model in the project financing of infrastructure such as transportation projects. For an infrastructure project under BOT model, the private sector is involved in the financing, construction and operation of the infrastructure and the project would be transferred back to the government upon expiry of the concession period. The concessionaire, in return, is granted with the right to charge the users for enjoying the services provided during the concession period. The BOT road projects in Hong Kong include Cross Harbour Tunnel, Eastern Harbour Crossing, Tate's Cairn Tunnel, Western Harbour Crossing and Route 3 Country Park Section (CPS). Route 3 CPS is the most recent project under BOT model in Hong Kong and has involved a significant investment. Like many other privatized road projects in Asia, it has been impacted unexpectedly by the Asian financial crisis in late 1990s. Currently, it is experiencing problems of over-optimistic forecast on traffic and revenue for the project. This dissertation reviews major issues of some real cases of BOT road projects in Hong Kong. It covers areas on how it was initiated, organized and operated. A detailed investigation was carried out on various risks of Route 3 CPS project and the main focus is on the analysis of its traffic and revenue risk. In analyzing the factors affecting this risk, a number of events were identified that account for its shortfall in revenue and low traffic flow. The major ones include unexpected economy downturn, decline of manufacturing industry and competition from toll-free Tuen Mun Road. A qualitative analysis is also presented to show the indicative trend of the future traffic and revenue of Route 3 CPS, by taking into account of socio-economic factors such as population growth, Gross Domestic Product growth, development programme of transport projects in the vicinity. It is found that the Route 3 CPS project will likely be prospective and profitable in medium term. In the last section of the dissertation, recommendations on tolling strategies for BOT model, including, shadow toll, and toll integration and pooling, are discussed. Also, the improvement strategies for mitigating the traffic and revenue risk of Route 3 CPS are suggested such as toll balancing strategy of the BOT road, new road diverting cross border traffic to Route 3. DOI: 10.5353/th_b2994987 Subjects: Infrastructure (Economics) Roads - China - Hong Kong - Design and construction Privatization - China - Hong Kong

Download or read book Massive Investment in Hong Kong s Transport Infrastructure written by and published by . This book was released on 1990 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Urban Development and Planning in Hong Kong written by Anthony G. O. Yeh and published by . This book was released on 1987 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Privatized Infrastructure written by Adrian J. Smith and published by Thomas Telford. This book was released on 1999 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the major aspects of the relationship between government and the private sector in the provision of high quality, sustainable, and affordable privately funded infrastructure projects. The form of this partnership is often seen as a major determinant of the project risk distribution among the various parties involved, and will thus be crucial in attracting both high quality developers/operators and external institutional funding.

Download or read book Impact of Transport Infrastructure Investment on Regional Development written by OECD and published by OECD Publishing. This book was released on 2002-05-23 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report describes evaluation methods for transport infrastructure investments to ensure that scarce resources are allocated in a way that maximises their net return to society.

Download or read book Transportation Decision Making written by Kumares C. Sinha and published by John Wiley & Sons. This book was released on 2011-09-09 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pioneering text provides a holistic approach to decisionmaking in transportation project development and programming, whichcan help transportation professionals to optimize their investmentchoices. The authors present a proven set of methodologies forevaluating transportation projects that ensures that all costs andimpacts are taken into consideration. The text's logical organization gets readers started with asolid foundation in basic principles and then progressively buildson that foundation. Topics covered include: Developing performance measures for evaluation, estimatingtravel demand, and costing transportation projects Performing an economic efficiency evaluation that accounts forsuch factors as travel time, safety, and vehicle operatingcosts Evaluating a project's impact on economic development and landuse as well as its impact on society and culture Assessing a project's environmental impact, including airquality, noise, ecology, water resources, and aesthetics Evaluating alternative projects on the basis of multipleperformance criteria Programming transportation investments so that resources can beoptimally allocated to meet facility-specific and system-widegoals Each chapter begins with basic definitions and concepts followedby a methodology for impact assessment. Relevant legislation isdiscussed and available software for performing evaluations ispresented. At the end of each chapter, readers are providedresources for detailed investigation of particular topics. Theseinclude Internet sites and publications of international anddomestic agencies and research institutions. The authors alsoprovide a companion Web site that offers updates, data foranalysis, and case histories of project evaluation and decisionmaking. Given that billions of dollars are spent each year ontransportation systems in the United States alone, and that thereis a need for thorough and rational evaluation and decision makingfor cost-effective system preservation and improvement, this textshould be on the desks of all transportation planners, engineers,and educators. With exercises in every chapter, this text is anideal coursebook for the subject of transportation systems analysisand evaluation.

Download or read book Infrastructure Planning written by James V. Parkin and published by Thomas Telford. This book was released on 1999-07 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces engineers to the principles and procedures necessary for infrastructure planning in rapidly developing regions. It covers the technical methods required in planning for infrastructure provision from base-line studies and problem definition through to the sepcification for a set of projects. The book also discusses the political factors that affect the decision-making process and demonstrates, through case studies, how the technical and political perspectives come together in the finished plan.

Download or read book A Critical Evaluation of Public Transport Policy Formulation in Hong Kong written by Sze-Yuen Henri Lo and published by Open Dissertation Press. This book was released on 2017-01-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation, "A Critical Evaluation of Public Transport Policy Formulation in Hong Kong" by Sze-yuen, Henri, Lo, 盧思遠, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: Abstract of thesis entitled A Critical Evaluation of Public Transport Policy Formulation in Hong Kong submitted by Lo Sze Yuen, Henri for the degree of Master of Arts in Transport Policy & Planning at the University of Hong Kong in June 2005. In Hong Kong, the Government has long been the principle actor in devising transport policy. This thesis aims to take a hypothetical approach to assume the role of a rational Government, critically evaluate the public transport policy in Hong Kong with two fundamental parameters: the effectiveness and efficiency of the public transport policy. A SCD (Subjectivity, Consistency, Dependency) approach is adopted to form the policy evaluation framework in which different methods such as goal attainment analysis or political economic causality test is housed for evaluating the policy. For effectiveness, an ex-post evaluation is conducted. The policies are examined quantitatively by means of performance indicators and qualitatively by three case studies for a more comprehensive illustration. The focus of the assessment in case studies revolves around two major parameters, which are consistency and dependency respectively. While the former is to test the coherence of the case with the policy as well as economics doctrine, the latter is to assess whether the policy can be successfully implemented with due regard to stakeholders' acceptance. For efficiency, an ex-ante evaluation is conducted on the public transport policy. The causality of the policies is examined with a perspective of transport economics to see if the consistencies and logic of policies are aiming at the best use of resources, in other words, the Pareto Optimal. The test is done qualitatively to see if the policy is strategically sound or otherwise, any immaculate computation models, cost-benefit analysis or cost-effectiveness analysis built on an unsound basis is meaningless. The essence of the above approach is to find out if the outcomes are in line with the policy goals, and if the logic and consistencies of the policy are robust enough to stand the test in terms of stakeholders' concern and transport economics discipline. There are two major findings in this thesis: Firstly, it is unveiled that the external cost has not been fully internalized for public transport modes and it is a serious irrationality observed in current public transport policies of Hong Kong, which goes against the vision and value that the Government of Hong Kong upholds. Secondly, the lack of output-oriented evaluation on its public transport policy leads the Government to nowhere in measuring to what extent the policy objective is met. It is recommended that the Government should take heed of the deficiencies and ameliorate the situation by establishing quantifiable goals for the public transport policies to attain and be evaluated. Moreover, the Government should adopt full internalization of external cost so as to ensure the public transport system is genuinely efficient in a holistic view. DOI: 10.5353/th_b3159515 Subjects: Transportation and state - China - Hong Kong Transportation - China - Hong Kong - Planning

Download or read book Assessing the Benefits of Transport written by European Conference of Ministers of Transport and published by Paris, France : European Conference of Ministers of Transport. This book was released on 2001-04-19 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the full economic benefits - and costs - of transport infrastructure and explores ways to make good estimates of the full impact of planned investments on regional and national economies. It argues for proper account to be taken of all relevant economic weaknesses -- those the project is designed to address such as local monopoly pricing, those associated with use of the infrastructure such as environmental externalities, and possible unintended consequences such as impacts on local labour markets. Care must also be taken to verify that net benefits are likely to accrue to those that the project was intended to benefit. Building on recent groundbreaking work in the United Kingdom this publication suggests ways to improve traditional cost-benefit assessments, overcoming reservations that have inhibited the use of CBA in many countries. The main report is completed with examinations of transport project assessment approaches in France, Germany, the United Kingdom and across Europe together with a discussion of an approach to determining optimal levels of investment in transport infrastructure for maximising socio-economic welfare.

Download or read book Policy Program and Project Evaluation written by Anwar Shah and published by Springer Nature. This book was released on 2020-11-02 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluation in recent decades has evolved from a tool for project appraisals to a more widely used framework for public decision-making and operational management. Most evaluation books are focused on traditional tools of analysis such as cost-effectiveness and cost-benefit analysis to the neglect of modern tools such as multi-criteria evaluation, social marginal cost of funds analysis, data envelopment analysis, results-oriented management and evaluation and theory based evaluations. This edited volume provides an easily accessible and comprehensive survey of both traditional and modern tools of analysis that are used in the evaluation literature to evaluate public projects, programs, policies and policy analysis and advice. The book will be of interest to students, scholars, researchers, practitioners and policy makers.

Download or read book A Review of Multicriteria Assessment Techniques Applied to Sustainable Infrastructure Design written by Ignacio J. Navarro and published by Infinite Study. This book was released on with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the great impacts associated with the construction and maintenance of infrastructures in both the environmental, the economic and the social dimensions, a sustainable approach to their design appears essential to ease the fulfilment of the Sustainable Development Goals set by the United Nations. Multicriteria decision-making methods are usually applied to address the complex and often conflicting criteria that characterise sustainability. *e present study aims to review the current state of the art regarding the application of such techniques in the sustainability assessment of infrastructures, analysing as well the sustainability impacts and criteria included in the assessments. Analytic Hierarchy Process is the most frequently used weighting technique. Simple Additive Weighting has turned out to be the most applied decision-making method to assess the weighted criteria. Although a life cycle assessment approach is recurrently used to evaluate sustainability, standardised concepts, such as cost discounting, or presentation of the assumed functional unit or system boundaries, as required by ISO 14040, are still only marginally used. Additionally, a need for further research in the inclusion of fuzziness in the handling of linguistic variables is identified.

Download or read book Proceedings of the 21st International Symposium on Advancement of Construction Management and Real Estate written by K. W. Chau and published by Springer. This book was released on 2017-12-18 with total page 1500 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the proceedings of CRIOCM_2016, 21st International Conference on Advancement of Construction Management and Real Estate, sharing the latest developments in real estate and construction management around the globe. The conference was organized by the Chinese Research Institute of Construction Management (CRIOCM) working in close collaboration with the University of Hong Kong. Written by international academics and professionals, the proceedings discuss the latest achievements, research findings and advances in frontier disciplines in the field of construction management and real estate. Covering a wide range of topics, including building information modelling, big data, geographic information systems, housing policies, management of infrastructure projects, occupational health and safety, real estate finance and economics, urban planning, and sustainability, the discussions provide valuable insights into the implementation of advanced construction project management and the real estate market in China and abroad. The book is an outstanding reference resource for academics and professionals alike.

Download or read book World Development Report 1994 written by and published by World Bank Publications. This book was released on 1994 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.

Download or read book The Dragon from the Mountains written by Matthew McCartney and published by Cambridge University Press. This book was released on 2021-10-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: China has promised to invest more than $60billion in Pakistan, in roads, rail, energy and a deep-water port at Gwadar. This is unprecedented relative to decades of minimal foreign direct investment (FDI) entering Pakistan. This is the China-Pakistan Economic Corridor (CPEC). Support for CPEC in Pakistan is widespread and encompasses much of academia, the military, the mainstream political leadership, and civil society. Supporters argue that CPEC offers the potential to transform Pakistan and support rapid, equitable and sustainable economic growth. Detractors of CPEC argue that it will more likely tip Pakistan into a dependent debt-relationship with China and that it will facilitate more Chinese imports into Pakistan posing a threat to Pakistan's industrial base. This book utilises an in-depth understanding of economic change in contemporary China and Pakistan, and economic theory and studies of big infrastructure projects from the contemporary and historical world to evaluate these contrasting views about CPEC.