The Cost Benefit Analysis Of Capital Metro Project

1816 Words Apr 26th, 2016 8 Pages
The Analysis of the Process and Reporting of the Cost-Benefit Analysis of the Capital Metro Project – a 12 km Light Rail Route from Gungahlin to the City

Introduction
In 2004, the Australian Capital Territory (ACT) government published the Canberra Plan as a guidance for the growth and development of Canberra from 2004 and beyond. The Canberra Plan: Towards Our Second Century, launched in 2008, aimed to achieved prosperity by providing a better health, education, and municipal services as well as ensuring the continuing well-being, safety and equity of the community. The Canberra Plan also launched in respond to new challenges that might hamper the growth and development of Canberra. The new challenges include climate change, water security, housing affordability and skill shortages. The plan comprises of seven strategic themes that reflect the ACT government’s priorities, which are quality health care; a fair and safe community; excellent education quality teaching and skills development; a strong, dynamic economy; a vibrant city and great neighbourhoods; a sustainable future; and high-quality services.
The Capital Metro project is one of the ACT government’s project aims to achieve Canberra’s sustainable development as states out in the Canberra Plan. The project is the design and construction of a light rail transport from Gungahlin to the City. The route is 12 km and equipped with stops, depot, road, and signaling. The project also covers preparatory, other works…

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