Case 40: Shanghai Metro System
B Rajesh Kumar
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B Rajesh Kumar: Institute of Management Technology
Chapter 44 in Project Finance, 2022, pp 285-288 from Springer
Abstract:
Abstract By the implementation of the 12th Five-year National Development Plan, China have made an investment of 1.23 trillion CNY with the operationalization of 2019 km metro lines and covered a traffic volume of 52.8-billion-person time. The biggest metro system by route length is the Shanghai Metro system with 743 km. It is the second biggest metro in the world in terms of number of stations with 381 stations on 18 lines. The ridership record was 13.29 million during the year 2019. Shanghai is an international metropolis. Shanghai Metro carries nearly 10 million passengers each day thereby serving 52% of residents. Initially the plan involved a 40 year phased programme which included 11 metro lines which covered over 325 km. The Shanghai Metro Corporation 2025 plan envisages a comprehensive network of 11 lines over 325 km supported by seven light rail routes consisting of 136 km.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-030-96725-3_44
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DOI: 10.1007/978-3-030-96725-3_44
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