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6/14/2021
At its 2021 virtual rail conference held last week, the American Public Transportation Association (APTA) released “Assessing the Business Case ROI for Intercity Passenger Rail Corridor Investment: Guide for Decision Makers,” a new high-performance rail return-on-investment report.
The report provides a consistent methodology to quantify the economic and social benefits of passenger-rail corridor investments, APTA officials said in a press release.
The guide, and associated methodology and toolkit, are intended to provide both decision-making support and to strengthen public and stakeholder understanding of the merits of developing high speed and intercity passenger-rail projects.
It is intended to provide a more expansive view of public benefits and associated return on investment, grounded in economic, environmental, and social equity impacts that are relevant to specific stakeholders, particularly at different levels of government, APTA officials said.
“America has an opportunity to build a high-performance rail network to position us to overcome our economic challenges and compete in the global marketplace in the coming years. Passenger rail is an underutilized mode, and ripe to connect with national and local transportation networks and rural areas with high-performance corridor services,” said APTA President and Chief Executive Officer Paul Skoutelas.