STRATEGIC DEVELOPMENT OF AIRPORT AND RAIL INFRASTRUCTURE: THE CASE OF SINGAPORE

S-Y Phang

Document Type

Journal Article

Publication Date

2003

Subject Area

operations - capacity, land use - planning, policy - sustainable, organisation - competition, place - urban, place - airport, mode - rail

Keywords

Urban development, Sustainable development, Sustainability, Strategies, Strategic planning, Singapore, Rail transit, Productivity, Production rate, Priorities, Objectives, Investments, Investment requirements, Infrastructure, Hubs, Goals, Game theory, Employment, Economic development, Decision making, Cost benefit analysis, Competition, Case studies, Benefit cost analysis, Airport planning, Airport capacity

Abstract

This study considers the case of strategic infrastructure decisions made by the Singapore government in airport and rail development to illustrate the importance of such decisions in sustainable development. A number of these strategic infrastructure investment decisions were at variance with recommendations emerging from benefit-cost analysis, but were considered necessary to support external competitiveness. The link between infrastructure provision and economic development may require decision makers to assess the trade-off between prudent macro-economic planning and efficient micro-economic management for major projects. In the case of airport hubs, the most difficult assessment might be the game consideration of how much and how far ahead excess capacity is needed to ensure the continuing dominance of the hub. In the case of the mass rapid transit system, a key issue is whether some of the investment in offices and plants, and related increases in productivity and employment, were a direct consequence and therefore part of the benefits of the original investment.

Comments

Transport Policy Home Page: http://www.sciencedirect.com/science/journal/0967070X

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