2009 04 Growth Opportunities In Asia Pacific Rail Markets Frost & Sullivan
by Alvin Chua, Account Manager at Frost & Sullivan on Jun 29, 2009
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The Asia Pacific rail industry is being viewed globally as a multi-million dollar industry with tremendous untapped potential and is expected to be one of the high growth - high potential markets in ...
The Asia Pacific rail industry is being viewed globally as a multi-million dollar industry with tremendous untapped potential and is expected to be one of the high growth - high potential markets in the world. This is especially true in the case of high speed rail projects and MRT (Mass Rapid Transit) services, which require superior technical capabilities to build. Several Asian countries have collaborated with international rail infrastructure companies for their MRT projects.
The rail industry has also come a long way as a key mode of freight transportation. Key economies such as China, India, Malaysia and Australia are expected to focus their future development projects towards building their rail infrastructure for freight transportation. High fluctuations in fuel prices and increased urbanization and traffic congestion on roads have triggered the shift towards higher use of railways for freight transportation. With the rail industry across the region also queuing up to attract customers for freight movement, there certainly exists opportunities for Logistics companies, Rail Organizations, Planning bodies, ICT Solution Providers and Real Estate Solution Providers to tap a large portion of the rail freight market.
Frost & Sullivan\'s Consultant, Rohit Gunavanthe, has completed extensive analysis for the Asia Pacific Rail markets and shares his findings in this presentation.
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