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ARTICLE · 20 MARCH 2013

Demand for government investment in rail infrastructure intensifying

The global rail sector is heavily reliant on government support, both for funding and for infrastructure investment.

AustraliaTransport

According to the fourth Norton Rose "The Way Ahead" Transport survey - Where are you now?

A global survey of 1,000 plus respondents across rail, aviation and shipping

  • 88% of rail respondents deem government support for the provision of rail infrastructure "essential".
  • Improving the capacity on existing lines is regarded as the most urgent infrastructure need.
  • A new strategic focus is highlighted as the most significant change to rail businesses between 2010 and 2012, followed by increased financial constraint and technological changes.
  • 18% intend to draw on structured finance for the first time, 13% on private equity and 12% on bonds.
  • 52% regard technological developments as the most important development focus for the rail sector, followed by low maintenance costs and more efficient fuel consumption, each selected by 36% of respondents.

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