TRANSPORT | Projects

  • PPP Study for Roads, Nepal
    The Government of Nepal wants to develop the Kathmandu to Terai Fast Track toll road to substantially reduce the distance, time and cost of transport between Kathmandu and the Indian Border. The Government needed to understand how a PPP structure for the road might be implemented. Castalia carried a comprehensive analysis of the key regulatory, legal, economic and financial features of the Fast Track road, and based on our findings we developed a PPP strategy. The strategy was presented to the Government, the World Bank and other stakeholders at a workshop.
  • Strategic Advice for Proposed Port Merger, New Zealand
    Castalia provided strategic advice on a proposed merger between New Zealand’s two largest ports, Ports of Auckland and the Port of Tauranga. Castalia developed an access pricing regime to address regulatory concerns and ensure that the merger could obtain the necessary government and regulatory approvals. We also integrated our regulatory pricing forecasts with a full financial analysis of the post-merger company, which showed that the merger would generate operational synergies and add value for shareholders
  • Preparation of a Mass Rapid Transit System, Pakistan
    The Asian Development Bank is considering offering support to build a metro rail system in Lahore, Pakistan. To prepare the loan for this investment, analysis was required on the financial and economic viability of the US$2 billion investment and the feasibility of partnering with a private firm to jointly develop and operate the system. Castalia outlined options for bringing in a private partner for the proposed mass transit rail system and helped the Government identify the arrangement that will deliver the highest net economic and financial benefits for the region
  • Regulatory Framework for Airport Privatization, Jamaica
    The National Investment Bank of Jamaica wanted to privatise Jamaica’s premier airport, Sangster International. Castalia advised on an appropriate regulatory structure and price control formula for this privatization based on a financial analysis of the business and the existing legal framework and institutional arrangements.
  • Renegotiation of Mass Transit Franchises, Melbourne, Australia
    The State of Victoria had contracted out the operation of its trams, suburban and regional train systems under five lease-operating contracts. Lower than expected passenger growth threatened the operators with bankruptcy. Castalia was part of a team that worked with State Government to restructure the contracts, preserving the viability of the operators while retaining for the State as much of the benefit of the partnership as possible. Read more [PDF].
  • Marshalling and Stevedoring Access Pricing, New Zealand
    A marshalling and stevedoring company was faced with an increase in the fees charged by a wharf owned and operated by a vertically integrated port company. Castalia determined the maximum access prices that were justifiable under applicable competition laws and helped the company develop its strategy for responding to the proposed price increase
  • Access to Terminals for New Ferry Service, New Zealand
    Pacific Ferries had been unable to obtain access to the Half Moon Bay ferry terminal for a proposed new ferry service business in the Hauraki Gulf. Castalia drafted a report to the New Zealand Commerce Commission outlining the advantages of increased competition for consumers, and prepared a witness statement for a High Court hearing. Castalia also attempted to negotiate a solution, and the company ultimately secured the access required to start the new venture.