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Kerala Expressway. Cost Benefit Analysis Avik Rakhit. Typical Indian Truck. Camels out on their morning stroll!. Local goods carrier !. The family car !. Kerala Expressway. The proposed highway. Proposed Design Traffic Analysis. Benefits, Costs.
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Kerala Expressway Cost Benefit Analysis Avik Rakhit
The proposed highway • Proposed Design Traffic Analysis
Benefits, Costs • Reduction in VOC (vehicle operating costs) • Reduction in Time • Reduction in agricultural transportation loss • Reduction in agricultural commodity prices? • Development Centers stimulation of local economy • Future-proofing communication links • Defense related benefits • Reduction in number of road accidents • Pollution • Social displacement – acquisition of 13,000 acres of land • Financial Costs • “Helping the Government” costs
Economic Value AddAccording to the State Government • Investment of USD 1.45 Billion • NPV (Economic) of USD 85 Billion • NPV (Financial) of USD 11 Billion • IRR (Economic) of 65% • IRR (Financial) of 30% • Are these for real ???
Kerala Expressway • Thanks! • Questions? • Credits: • www.rbidc.com • www.surajphotos.net • www.alfreddichter.com