Economist warning over rail investments

The government must not presume that train and metro-type projects offer value for new investment in a city such as Dublin, according to Colm McCarthy of consultant DKM.

15th October, 2005

The government must not presume that train and metro-type projects offer value for new investment in a city such as Dublin, according to Colm McCarthy of consultant DKM.

Increasingly, population and jobs were in the suburbs, he said, and gridlock in the city centre maybe declining, rather than increasing, as more and more people travel to jobs outside central Dublin.

“In sprawling cities, where economies of density are hard to achieve for fixed-line systems, there...

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