A Research on the Financial Models of Wuhan Rail Transit
- DOI
- 10.2991/ichssr-16.2016.30How to use a DOI?
- Keywords
- Wuhan Metro - Financing - Sustainability
- Abstract
Wuhan Metro, also known as Wuhan Rail Transit, is the urban rail transportation system of Wuhan City. From the subsequences of other cities' metro construction and operating conditions, it is obvious that the project investment is huge and the construction is costly; the project is burning a huge sum of money in the construction and initial operation period; raising money is difficult because of the low rate of return compared to that huge investment. There will inevitably be problems in Wuhan rail transportation system since the city is a novice in the rail constructions and definitely has lack of experience to ensure the successful construction and on-time delivery of the follow-up subway lines in Wuhan, it is necessary to sort out the existing financing models and summarize some lessons to guide the next stage of Wuhan City metro construction and operation.
- Copyright
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Meng Li PY - 2016/07 DA - 2016/07 TI - A Research on the Financial Models of Wuhan Rail Transit BT - Proceedings of 2016 2nd International Conference on Humanities and Social Science Research (ICHSSR 2016) PB - Atlantis Press SP - 140 EP - 143 SN - 2352-5398 UR - https://doi.org/10.2991/ichssr-16.2016.30 DO - 10.2991/ichssr-16.2016.30 ID - Li2016/07 ER -