Negative thoughts on metro in general (and on f rom there)

[Jain Alok]

Or, from private investors..

Why railway investments have to be seen as Government investments? Private
investments with some development rights etc. is becoming quite common. The
railway company I work in, recently raised capital for future extensions
from international financial market (more than successfully, I would say
because it was over-subscribed).

Regards
Alok
> -----Original Message-----
> From: Paula Negron Poblete [mailto:negronpp at MAGELLAN.UMontreal.CA]
> Sent: March 10, 2000 11:26 AM
> To: sustran-discuss at jca.ax.apc.org
> Subject: [sustran] Re: Negative thoughts on metro in general (and on
> from there)
> 
> 
> I don't think we should get rid of metros, but my concern is 
> this: how a
> country can pay the first investment? because I don't think it's a
> matter of operation costs, but a matter of capital costs. Where do we
> find the money from? the World Bank? (as usual) at what 
> interest rates?
> under what conditions?