scholarly journals Conceptual Framework for a Decision-Making Model to Select the Public-Private Partnership (PPP) Structure for Urban Rail Transit in Jakarta

2021 ◽  
Author(s):  
Retno Ambarsari ◽  
Sutanto Soehodho ◽  
R Jachrizal Sumabrata
Keyword(s):  
Decision Making ◽  
Conceptual Framework ◽  
Public Private Partnership ◽  
Urban Rail Transit ◽  
Rail Transit ◽  
Private Partnership ◽  
The Public ◽  
Urban Rail ◽  
Decision Making Model

On the Public Private Partnership Financing Strategies of Urban Rail Transit

2011 ◽  
Vol 255-260 ◽  
pp. 4095-4099 ◽  
Author(s):  
Jian Xiao Chen ◽  
Jing Fang
Keyword(s):  
Public Private Partnership ◽  
Urban Rail Transit ◽  
Operating Efficiency ◽  
Rail Transit ◽  
Private Capital ◽  
Private Partnership ◽  
The Public ◽  
Urban Rail

Introduction and innovation of PPP mode can attract more private capital to involve urban rail transit construction and enhance overall operating efficiency of URT. Based on analyzing the characters of URT PPP, through summarizing the PPP categories in application, this paper classifies the URT PPP practical approaches into four broad strategies, and provides a framework and some suggestions for assessing and managing risks associated with various URT PPP strategies.

A Decision Making Model of Laying Mode of Urban Rail Transit

2011 ◽  
Vol 94-96 ◽  
pp. 664-667
Author(s):  
Xing Ju Wang ◽  
Xiao Ming Xi ◽  
Gui Feng Gao ◽  
Jin Jie Chen
Keyword(s):  
Decision Making ◽  
Quantitative Analysis ◽  
Cost Model ◽  
Low Cost ◽  
Urban Rail Transit ◽  
Rail Transit ◽  
Urban Rail ◽  
The Cost ◽  
Decision Making Model ◽  
Generalized Cost

This study develops a blocked cost model of urban rail transit, which is applied to determine laying mode of urban rail transit. In addition, this model focuses on the laying mode choice of urban rail transit by using quantitative analysis, which is previously discussed by using qualitative analysis. The case of Line No. 1 of Shijiazhuang urban rail transit is given to demonstrate the blocked cost. The results show that the cost of urban rail transit on the ground is 0.372 billion RMB per km and the cost of urban rail transit underground is 1.79 billion RMB per km. The mode on the ground is the best solution due to its low cost. But by analyzing and evaluating generalized cost in which blocked cost has been considered, the mode of urban railway transit underground is the best choice due to 1.79 billion RMB per km compared to 1.91 billion RMB per km on the ground.

scholarly journals The Influence of Passengers’ Perceived Social Responsibility Efforts on Their Satisfaction in Public-Private-Partnership Urban Rail Transit Projects

2021 ◽  
Vol 13 (23) ◽  
pp. 13108
Author(s):  
Caiyun Cui ◽  
Meng Liu ◽  
Yong Liu ◽  
Bo Xia ◽  
Martin Skitmore ◽  
...  
Keyword(s):  
Social Responsibility ◽  
User Satisfaction ◽  
Rapid Development ◽  
Public Private Partnership ◽  
Urban Rail Transit ◽  
Rail Transit ◽  
Private Partnership ◽  
Body Of Knowledge ◽  
Urban Rail ◽  
Managerial Implications

With the rapid development of public-private-partnership (PPP) urban rail transit (URT) projects in China, their social responsibility (SR) is considered to provide a useful way of guaranteeing passengers’ rights and to help urban sustainable development. However, what remains largely unknown is how passengers’ perceptions of the SR effort of such projects’ influences their satisfaction. To bridge this knowledge gap, the current study first proposes a conceptual model based on social responsibility and satisfaction theories. Hypotheses are then tested through bootstrapping analysis based on data drawn from a questionnaire survey of 436 residents from three typical PPP URT projects. The results show that the relationship between the passengers’ perceived SR effort and their satisfaction with PPP URT projects is sequentially and doubly mediated by perceived quality and perceived value. The findings contribute to the current body of knowledge in social responsibility and user satisfaction by introducing passenger-perceived SR effort as an antecedent factor, and offer valuable practical and managerial implications for the projects’ operation management to help promote urban sustainability.

scholarly journals Maintenance Decision-Making of an Urban Rail Transit System in a Regionalized Network-Wide Perspective

2020 ◽  
Vol 12 (22) ◽  
pp. 9734
Author(s):  
Baofeng Sun ◽  
Jiaojiao Liu ◽  
Junyi Hao ◽  
Xiuxiu Shen ◽  
Xinhua Mao ◽  
...  
Keyword(s):  
Decision Making ◽  
Response Time ◽  
Network Design ◽  
Programming Model ◽  
Urban Rail Transit ◽  
Rail Transit ◽  
Nsga Ii ◽  
Transit System ◽  
Urban Rail ◽  
Maintenance Decision

The networked operation of Urban Rail Transit (URT) brings the new challenge of network-wide maintenance. This research focuses on the URT Network-Wide Maintenance Decision-Making Problem (URT-NMDP), including regionalized maintenance network design and maintenance resource allocation. In this work, we proposed a bi-objective integer programming model that integrates the characteristics of set coverage and P-median models, resulting in the regionalized maintenance network design model. Some critical factors are considered in the model, such as the importance of node, the maximum failure response time, and maintenance guarantee rules. We designed a NSGA-II based algorithm to solve the model. Moreover, due to the uncertainty of failures in the URT network, we developed the method of allocating maintenance resources based on Monte Carlo simulation to strengthen the reliability of the regionalized maintenance network. With the model and algorithm presented in this work, we obtained Pareto optimal solutions of URT-NMDP, i.e., URT network-wide maintenance planning schemes, which include the number and location of maintenance points, the allocation of demand points, and the amount of maintenance units. Finally, a real-world case is studied to evaluate the operating performance of these schemes for verifying the method in our paper. The results of the case study demonstrate that the reasonable and tested-in-practice maximum failure response time is the precondition for the efficient URT maintenance network. The maintenance scheme considered the weighted importance of node shows the optimal performance, with the shortest overall maintenance path and the minimum average failure response time and investment cost on maintenance resources.

Real Option in Urban Rapid Rail Transit PPP Project

2014 ◽  
Vol 505-506 ◽  
pp. 437-442 ◽  
Author(s):  
Chao Wang ◽  
Wei Liang ◽  
Shou Qing Wang
Keyword(s):  
Decision Making ◽  
Real Option ◽  
Rail Transit ◽  
The Public ◽  
Real Option Theory ◽  
Real Issue ◽  
Urban Rail ◽  
Decision Making Problem ◽  
Car Park ◽  
Option Theory

To address a real issue in Beijing Urban Rail PPP project, an Excel model is built to solve the decision making problem of car park scale using real option theory. The model calculates the expected NPV of different options of building scale with real option embedded, avoiding the trouble of option pricing. The results show that real option can significantly optimize the decision making process of PPP projects. Especially when dealing with the problems raised by uncertainty in the process of negotiation, decision making and execution of a PPP project, real option can be more useful as it not only offers a way to improve the rationality of a decision, but also helps both of the private and the public sectors to reach an agreement.

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