BRT Peshawar Reports a Loss of Rs. 1.88 Billion in FY 2020

[Falconless]

Hong Kong transit system

How Hong Kong's subway turns a $2 billion annual profit

You can find one of Hong Kong's most profitable businesses about 30 meters below the earth's surface.

money.cnn.com

It uses property developments to subsidise railway operations and it is also the only profitable public transit system on this planet.

Don’t think the property values in Pakistan could sustain such a system.

The ‘Rail plus Property’ model: Hong Kong’s successful self-financing formula

What can other cities learn from Hong Kong’s approach to transit?

www.mckinsey.com

 

[AZADPAKISTAN2009]

Covid impacted , passenger usage it is a understandable result

> Transit system
> Train system
> Air travel

All have been impacted by Covid

 

[Imad.Khan]

How would that reduce traffic, ask any transportation engineer and he’ll tell you road size is directly correlated with the number of vehicles.
Smaller roads = less cars
Bigger roads = more cars

I am gona give the example of Sydney where i live, the buses here share the same roads as normal, just that in some places they have their own lanes.

Also in not so distant future majority of the vehicles would be either hybrid or electric, so the cost of transportation will eventually go down.

Now if the objective is to reduce traffic on the roads then the only way people will drop cars for public transport is when it would be more convenient and cost effective than driving. Fancy metros would not be the primary reason for their decision.

 

[Falconless]

Also in not so distant future majority of the vehicles would be either hybrid or electric, so the cost of transportation will eventually go down.

A car can carry 5 people at max, a bus takes up the space of two cars but carries 100 people. Plus if I’m not wrong only the central core of the BRT system runs on a separate viaduct, for the rest of the network it runs on streets as well.

Also doesn’t Sydney also have a metro/rail system that complements the buses?

Because in Peshawar and other cities with BRT, the buses are filling the role of the trains.

 

[Imad.Khan]

A car can carry 5 people at max, a bus takes up the space of two cars but carries 100 people. Plus if I’m not wrong only the central core of the BRT system runs on a separate viaduct, for the rest of the network it runs on streets as well.

Also doesn’t Sydney also have a metro/rail system that complements the buses?

Because in Peshawar and other cities with BRT, the buses are filling the role of the trains.

Thats correct Sydney has a pretty extensive train system.

Just recently they rolled out trams in Sydney but what they did was block all traffic on that road, so people have no choice but to use the tram.

 

[Falconless]

Thats correct Sydney has a pretty extensive train system.

Just recently they rolled out trams in Sydney but what they did was block all traffic on that road, so people have no choice but to use the tram.

Railways have a higher initial cost, but they pay themselves off in the longer term, these buses aren’t perfect but are a million times better when compared to thousands of motorbikes and rickshaws they replaced.

 

[Imad.Khan]

Railways have a higher initial cost, but they pay themselves off in the longer term, these buses aren’t perfect but are a million times better when compared to thousands of motorbikes and rickshaws they replaced.

There needs to be a proper study on this, unfortunately we are just going on presumptions.

 

[Riz]

BRT started in august 2020, we should wait for atleast one more year for the result

 

[Falconless]

There needs to be a proper study on this, unfortunately we are just going on presumptions.

There was, if I’m not wrong Peshawar BRT was a project of the Asian Development Bank.

48289-002: Peshawar Sustainable Bus Rapid Transit Corridor Project

The proposed project will help develop a sustainable urban transport system in Peshawar by delivering the city's first integrated BRT corridor, directly benefiting 0.5 million people. The project will comprise two interlinked outputs: (i) the construction of a 26-kilometer (km) BRT corridor and...

www.adb.org

 

[RealNapster]

Didnt imran khan boast abt brt being self sustaining? I dont know if IK is dumb or his ministers make a fool out of him.

I knew it was a waste of time or resources even before it was started.

Covid played a role because of it and SOP's passengers reduced alot . Almost everything was closed for months. What do you expect ?

The same route costed passengers 70-90 PKR in other transport means but government decided to charge only Rs 50 for the 27.5 km BRT route.

 

[H!TchHiker]

Halal loss/ metro

 

[Jungibaaz]

It would had made sense if Pakistan had overflowing riches but with scarce resources we can't be wasting them on these luxurious.

Disagree. Your cities need to be liveable, they are the big tax generators for the economy. Governments run subsidies like these fully expecting the economic benefit to far outweigh the nominal fiscal expenditure.

The utility of mass transit is hard to understate, it allows greater mobility of labour, improves overall urban transport volume, reduced pollution and congestion, etc.

IMO we’ve barely scratched the surface. Lahore and Karachi especially need a large network of interconnected rail and buses.

 

[HAIDER]

BRT Peshawar Reports a Loss of Rs. 1.88 Billion in FY 2020
Posted 21 hours ago by Muhammad Anees

Bus Rapid Transit (BRT) Peshawar has reported a loss of Rs. 1.88 billion for FY 2020.

​

It had borne expenses worth Rs. 1.92 billion in 10 months of the last fiscal year, and had generated only Rs. 39.9 million from passengers as fare in return.

The expenses for FY 2021 are estimated to be around Rs. 2.96 billion, and the estimated revenue from the fare is Rs. 121.64 million.
The service has incurred a loss of Rs. 4.67 billion over the last two years. If the situation continues, the loss for the current fiscal year is estimated at around Rs. 2.79 billion, according to a report by Geo News.

Khyber Pakhtunkhwa’s Minister for Transport, Shah Muhammad Wazir, has attributed the loss to low fares, and said, “On the instructions of the Prime Minister Imran Khan, we have kept the fares low as increasing the fares will burden the public”.

Public welfare programs always run in loss and govt " has to provide " supporting funds for the welfare of people. It's everywhere in the world.

 

[bananarepublic]

It uses property developments to subsidise railway operations and it is also the only profitable public transit system on this planet.

Don’t think the property values in Pakistan could sustain such a system.

The ‘Rail plus Property’ model: Hong Kong’s successful self-financing formula

What can other cities learn from Hong Kong’s approach to transit?

www.mckinsey.com

Thats how business work.
Microsoft makes its most profits from providing web services to corporate clients
McDonald makes its most revenue through land leasing

 

[SQ8]

https://www.brookings.edu/blog/broo...stems-that-lose-the-most-money-per-passenger/

Not comparing but giving a benchmark to public transit losses. They simply cannot be profitable unless

1. Make other transport more expensive (high gas prices, high parking fees everywhere)
2. Increase pricing for the transport

1. Is a lot easier and can be implemented