Sunday, 15 December 2024

SHOCKING DATA re Midland Metro costs from CNNCT Ltd - consultants

Confirms my own research in Like for like comparison of infrastructure building costs

In total, 79 Light Rail projects from across the world have been researched when gathering data. 

" ... data suggest that the Midland Metro extensions represent some of the highest costs per kilometre ever seen, anywhere in the World for tram schemes."

"Midland Metro Alliance projects report an average of over £100 million per route kilometre as shown in the results: -

Dataset Average Cost per Route Km (£M) for 47 LR projects, here:

Infrastructure Only Schemes 27.93   (Infrastructure costs only, extensions to existing tram projects for example.)

All Inclusive Schemes 84.91  (All-In – Total project costs including the Tram Lines, Vehicles, Depots etc.)

Midland Metro Alliance Schemes 116.01  (Infrastructure costs only, extensions to existing tram projects for example.)

• Regardless of how the money has been spent, Midland Metro Alliance projects should be comprehensively reviewed by an independent regulated body, to understand exactly why these costs are reportedly three times the global average."   (my emphasis)

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