Monorail System Feasibility Study for Developing Countries: The Case Study of Eskişehir-Turkey

Abstract

The monorail system is one of the environmentally friendly, high-speed and high-capacity public transportation systems that have been used for more than 100 years. The Monorail system is less preferred than the tram, light rail transit and metro in developing countries. In this study, the possibility of the monorail system to be implemented an alternative to the traditional rail systems was examined in technical and economic terms. It has been determined that its features are in accordance with 21st-century technology and requirements. In the economic examination of the applicability of monorail in developing countries; by using the travel and cost data of Eskisehir-Turkey, economic and financial feasibility studies on two separate lines were made. According to the results of Eskişehir, for the countries which have 10% discount rate including Turkey, an increase in the number of daily passengers to 55 thousand or a decrease in construction costs to 15 million $/km could be sufficient in the economic analysis. Also, with current data, a discount rate of about 8% could be sufficient to be feasible. For financial analysis, the majority of costs could not be covered at a 10% discount rate and financial state support could be required. For financial analysis, a positive discount rate could not be sufficient to be feasible.

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