Mon Apr 13 +03 (almost 2 years ago)
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Vehbi Koç Kongre Merkezi
71 Evler, 26080 Odunpazarı/Eskişehir, TR
The railways industry is a capital-intensive industry requiring very large initial and ongoing investment streams.
This is as true for countries whose railways are primarily freight carriers as it is for those whose railways are primarily passenger carriers.
Proposals to restructure the traditional state-owned monopoly railway in a particular country are often designed to address concerns not only regarding inefficient operations and monopoly stagnation, but also the long-term unreliability of government financing, especially of the expensive infrastructure.
In this regard, the connection between the particular rail restructuring strategy chosen by a country and the ability of the restructured entity to attract financing, especially private financing, merits a closer look.