Feasibility Study and Transaction Advisory Services for the Development, Operation and Maintenance of Karachi Circular Railway as a Modern Urban Railway Under Public – Private Partnership (PPP) Mode – Exponent Engineers (Pvt.) Limited

Assignment Name:

Feasibility Study and Transaction Advisory Services for the Development, Operation and Maintenance of Karachi Circular Railway as a Modern Urban Railway Under Public – Private Partnership (PPP) Mode

Country:

Pakistan

Location within Country:

Karachi

Name of Client:

Pakistan Railways

Completion Date:

On-going

Name of Associated Consultants, if any:

None

Narrative Description of Project:

Pakistan Railways intend to Develop, Construct, Rehabilitate, Operate and Maintain Karachi Circular Railway as a modern urban railway under Public-Private Partnership Mode. The project also envisions the commercial exploitation of real estate (Stations and other identified land parcels along the KCR ROW) and the potential for other non-rail revenue earnings. The main objectives of the Project are:

The development of KCR as a modern urban railway

To help ease traffic flow on the various major arteries

To help reduce travel delays and traffic congestion on the city roads

To provide affordable all-weather accessibility

Description of Actual Services Provided by Our Staff within the Assignment:

Following are services provided by the team:

Design & Execution of field surveys for the project.

Data processing of field surveys to achieve the desired objectives.

Development of Traffic Forecast Model for current and future scenarios for with & without KCR implementation to estimate the ridership.

Development of Operational Plan for KCR Operations.

Estimation of Non-Fare Revenue Potential along KCR route and its allied facilities.

Selection of Distance based fare slabs mechanism for operations of KCR.

Assessment of Real Estate Potential along KCR Alignment.

Planning of Real Estate Development on Pakistan Railways property along KCR Alignment.

Economic & Sensitivity Analysis

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