FOR CROSS-BORDER HIGH SPEED RAIL

Client

Special Purpose Vehicle (SPV) for Cross Border High Speed Rail

Products & Services

• Strategic Business Planning
• Socio-Economic Modelling
• Cost-Benefit Analysis
• Life-Cycle Costing

Description of Project

Client

The client is a special purpose vehicle (SPV) established solely for the purpose of the development and implementation of a cross-border high speed rail projects in Asia. This project will serve as an impetus towards socio-economic development along the railway corridor and ultimately change how people live, work and travel entirely.

Background

Regional connectivity has been a main factor in driving economic growth and business activities along the project site for years. Agglomeration occurs when consumers & businesses are brought “nearer” to each other by virtue of greater capacity on transport network, reduced journey times & reduced costs of transportation.

Challenges & Expectations

It quickly became apparent that there is an imperative need to commission this project that could bring enormous economic opportunities. To better achieve the project vision, the client aspired to develop a Socio-Economic Development Action Plan (SEDAP) that outline a holistic & structured approach to the planning, design and implementation of the high-speed rail connectivity.

Our Role on the Project

Scope of Services

Working with a team of consultants comprises of business strategists from various disciplines, we were tasked to devise an integrated Socio Economic and Physical Development Plan (SEDAP) that will maximize the value of investments of the high-speed rail project. This SEDAP shall be an economic corridor-based plan that comprises inter & intra hub sites and activities, taking into consideration the hub resources, physical limitation & restriction.

Solutions / Outcomes Delivered

The project team devised a comprehensive three steps approach that are interrelated to form a broader plan. 

This results in the identification of specific industry clusters which exist or could be introduced into a particular location, creating jobs, investment opportunity and local economic growth. 

Ultimately, we quantified the potential economic benefits of the development plan in terms of GDP, investment value & job creation to determine the scale of investment needed for the development. This had help the client to better curate where, when and what to spend on.