Smooth and easy transportation is essential part of any city’s growth. It is a dynamic challenge for any town planner to foresee the growth in population, vis-à-vis the need for movements of people within the city. Mass Public transport solutions are an integral enabler for all large cities where population growth has created severe strain on prevailing transport infrastructure.
Quite naturally, all mass public transport projects and investments present great opportunities, but also harbour risks. The management of risk in these projects involves both the allocation of risk under the project contracts and the management of those risks through insurance. |
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