AusRAIL, Market Sectors

Q&amp&semicolanA: Assessing light rail costs

<span class="" id="parent-fieldname-description"> With almost all states across Australia exploring light rail networks, Rail Express spoke with Dr Chi-Hong (Patrick) Tsai, senior research analyst at the Institute of Transport &amp Logistics Studies, to see what the most efficient funding options are. </span> <div><strong>Recovering the costs of LRT construction is not always possible through fares alone and as a result of this governments need to seek innovative funding options in order to deliver services. What are some of the most cost effective ways to fund LRT over the long run that will allow the maximum value for users and government?</strong>