Boosting Mass Transit through Entrepreneurship
Most of the world’s urban mass transit
systems cannot cover operating costs, let alone capital
expenses, through farebox revenues. On average, 25 percent
of metro operating expenditures are not funded by farebox
income. With limited public subsidies, as well as obstacles
to raising fares and political sensitivities to road user
taxes, metro systems have been increasingly pursuing income
from commercial activities connected with their operations.