From The American Public Transportation Association, Mass Transit Magazine; October 5, 2017
A new report released by the American Public Transportation Association provides a framework for assessing the return on investment (ROI) associated with high-speed and intercity passenger rail projects (HSR&IPR). This seminal report called “Framework for Assessing the ROI for High-Speed and Intercity Rail Projects” goes beyond the confines of the classic “benefit cost analysis” — which focuses on travel time and cost efficiency impacts.
This new analysis considers the full range of local community effects, regional connectivity and global competitiveness effects, and broader consideration of the public’s desire to meet and exceed longer term environmental, economic and mobility goals for future generations.
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