Projects
Economic Feasibility Study for a Circular Railway in Budapest (Hungary)
Scope of Business: Transport Planning / Transport Economics
Focus: Traffic Concepts, Economic Feasibility Studies
Client: Mavepcell Kft.
Project Term: 2007 - 2008
Project Location: Budapest
Project Description
The public transport, especially the rail transport, in Budapest is heavily influenced by historical development. There is a system of terminal stations with negative consequences not only for the journey times and land use, but also for the planning of direct long-distance transport. There are, however, efforts to establish the connection between the West and the South Station via a circular railway in Budapest.
Based on a current study, entitled "Harmonised development of rail, suburban and urban transport in Budapest, with special reference to the possible establishment of cross-connections or ring-shaped lines" the feasibility of this project regarding traffic-related impacts, the efficiency and profitability as well as marketing infrastructure were to be investigated. The technical conditions and transport policy requirements play an important role here.
VCDB's Scope of Services
- Analysis of current situation of railway infrastructure in the Greater Budapest area
- Assessment of potentials of passenger transport and freight transport, resulting from the construction of the circular railway
- Analysis of current rail logistics and identification of possible developments in connection with the construction of the circular railway, especially in the area of city logistics
- Assessing the economic basis of qualitative characteristics
- Identification of potential synergies by including intra-and inter-modal considerations
- Risk-reward analysis with regards to the political and financial situation
