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- W625892793 abstract "A design, build, operate and maintain contract making use of public and private finance was used for Manchester's 31km Metrolink. The line was from Bury to Altrincham serving the city centre and linking mainline British Rail Stations. The joint venture of four industrial companies owns over 75 per cent of the shares, the remainder is split between the bus company and the local authority. Once the construction is complete, the assets, including a fleet of light rail cars, tracks, stations, depot and all other infrastructure will belong to the Greater Manchester Passenger Transport Executive. The capital cost of some U130m will be jointly funded by the Department of Transport and the Greater Manchester Council, and the system will be leased to the consortium for a 15 year period. Operations of the railway will not be subsidised in any way. Marketing is a high priority, and all potential sources of revenue such as sponsorship and advertising have been explored. The author outlines the business structure of the board; the key staff were trained initially by members of the Brussels Public Transport Authority before they provided training for their own metrolink personnel." @default.
- W625892793 created "2016-06-24" @default.
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- W625892793 date "1991-11-01" @default.
- W625892793 modified "2023-09-25" @default.
- W625892793 title "UNIQUE FUNDING FORMULA PIONEERS BRITAIN'S LIGHT RAIL REBIRTH" @default.
- W625892793 hasPublicationYear "1991" @default.
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