By Koichiro Fukui Murray King Jorge C. Kohon Jan-Eric Nilsson Brian Wadsworth
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Extra resources for Best Methods of Railway Restructuring and Privatization
It develops a typology of alternative railway structures and deals with issues of assets, liabilities, and work force restructuring. Chapter 3 deals with the organization, design, and leadership of the intermediary institutions that carry out most of the work of restructuring. Chapter 4 discusses railway restructuring as a management process. 9 - Canada (Canadian National): Key Railway Performance Statistics 19871 Kilometers of track: Net ton kilometers:1 Net passenger kilometers:1 Number of freight cars: Number of passenger cars: Traffic mix (Pass.
One benefit of separating operations into multiple geographic markets is that it diversifies the risk of new rail start-ups; another benefit is that such a separation creates more competition for operating rights and concessions in both the initial and the subsequent rounds of competition than does a “winner takes all” approach; a third benefit is that this arrangement allows smaller firms to participate in competitive sales of local operating rights. This last consideration has prevailed in Great Britain where 25 local passenger operations have been defined for competitive offer to private firms.
After a specified period of time, the investor was able to exercise its conversion right. Joint Development and Sale of Real Estate. Under this method private companies were selected to construct residential buildings on land which the Settlement Corporation owned. Individual residences and contiguous land were subsequently sold. If all lots were not sold to homeowners, the private developer was still required to purchase the remainder from the joint venture. Thus, the Settlement Corporation was guaranteed a 100 percent “sell-out” even if the project did not sell out.