干旱区生态环境知识资源中心(Arid): A socio-economic study for establishing an environment-friendly metro in Kuwait

Arid

DOI	10.1108/IJSE-04-2021-0210
	A socio-economic study for establishing an environment-friendly metro in Kuwait
	AlKheder, Sharaf; Abdullah, Waleed; Al Sayegh, Hussain
通讯作者	AlKheder, S (corresponding author)，Kuwait Univ, Kuwait, Kuwait.
来源期刊	INTERNATIONAL JOURNAL OF SOCIAL ECONOMICS
ISSN	0306-8293
EISSN	1758-6712
出版年	2022-02
英文摘要	Purpose This paper aimed to study the optimal way to implement and subsequently manage the new metropolitan lines in the Kuwait city as well as to justify them from a social and economic-financial viability standpoint and the most important aspects of transport infrastructure projects viability. The implementation of new modes of transport in an urban environment requires the study of several factors that allow their incorporation on the transport system in the most efficient method. These factors include reviewing the organization of the transport system. The concept of transport system organization, financing models and common trends was defined. Finally, the Public Transport Authority was created to define global objectives and establish specific policies to achieve them was suggested. Design/methodology/approach After the analysis of the status quo of transport systems organization, the financing and management schemes, both infrastructure projects and the provision of rail service were analysed. The characteristics of the PPP scheme (Public-Private Participation) contract, advantages and disadvantages, its structure, and the definition and share of risk (matrix of risk, rights and obligations of the parties) as a key element of the PPP contracts were defined. From this point onwards, the legal framework in force in Kuwait was analysed, particularly the administrative and commercial regulations applying to this project and the authors verified that the economic-financial viability analysis suggested before can be established under this framework. Findings For the viability of these alternatives, the authors developed a simulation economic-financial model that reflects Financial Statements for the Society Vehicle Project and are considered some minimum thresholds of profitability, both from the viewpoint of the partners sponsoring the project as from the standpoint of lenders, which make attractive participation of private initiative. Finally, there was a short socio-economic analysis to justify the project implementation from a social standpoint. It analyses and quantifies the reduction of operating expenses of other modes of transport, travelling times, accident rates, environmental pollution etc. All these factors affect the quality of life of the population of Kuwait and are the main reason to carry out this project. Several recommendations were raised that aimed at preparing the projects, bidding and selection of private partner and the articulation and implementation of projects. Originality/value This research contributes to the existing body of knowledge through setting the framework for metro projects in arid regions with the hottest temperature on Earth such as Kuwait where such projects are missing completely. This work will be very helpful to governments and municipalities in taking investment decisions. It sets the strategy for utilizing the best of decision-making theory, identifying the reliability advantages and finding the larger economic effects. This work identified, through the analysis of alternative management options generally used in underground and rail projects in different parts of the world, the most convenient alternative in developing countries. It also clearly showed, through the analysis carried out on governmental contributions, how to obtain economic viability for such types of projects. Finally, it helped drawing a roadmap for preparing the projects, bidding and selection of private partner and the articulation and implementation of projects in Kuwait and Gulf Cooperation Countries (GCC).
英文关键词	Public transport Metro Economy Feasibility Legal framework Urban development
类型	Article ; Early Access
语种	英语
收录类别	ESCI
WOS记录号	WOS:000752897000001
WOS关键词	PUBLIC TRANSPORT ; SPEED PROFILE ; LIGHT RAIL ; ENERGY ; TRANSIT ; OPTIMIZATION ; QUALITY ; IMPACT ; CAR ; VIABILITY
WOS类目	Economics
WOS研究方向	Business & Economics
资源类型	期刊论文
条目标识符	http://119.78.100.177/qdio/handle/2XILL650/377372
作者单位	[AlKheder, Sharaf; Abdullah, Waleed] Kuwait Univ, Kuwait, Kuwait; [Al Sayegh, Hussain] Kuwait United Dev Co, Kuwait, Kuwait
推荐引用方式 GB/T 7714	AlKheder, Sharaf,Abdullah, Waleed,Al Sayegh, Hussain. A socio-economic study for establishing an environment-friendly metro in Kuwait[J],2022.
APA	AlKheder, Sharaf,Abdullah, Waleed,&Al Sayegh, Hussain.(2022).A socio-economic study for establishing an environment-friendly metro in Kuwait.INTERNATIONAL JOURNAL OF SOCIAL ECONOMICS.
MLA	AlKheder, Sharaf,et al."A socio-economic study for establishing an environment-friendly metro in Kuwait".INTERNATIONAL JOURNAL OF SOCIAL ECONOMICS (2022).