Land value capture as a new sustainable local funding mechanism for public transit development : Alexandria governorate as a case study / Mostafa Awad Ahmed Elnagdy ; Supervised Asmaa A. Mohamed Ibrahim

Thesis (M.Sc.) - Cairo University - Faculty of Engineering - Department of Architectural Engineering

The public transit financing methods used locally in Egypt are not satisfactory. An alternative way of financing must be integrated without increase in fares, and general budget, or dependence on foreign loans, and grants. On the other side, public transit has many benefits and economic impacts on land values surrounding their context that increase incrementally, yet the government does not capture a part of this increment from landowners and private developers that could cover the public transit costs. From this view, the objective of this research is to generate a new sustainable local funding mechanism for public transit development through land value capturing. Accordingly, it will review, analyze, and compare seven international case studies in an attempt to deduce the LVC mechanism criteria. Consequently, the deuced criteria will be used to test the applicability of using the land value capture mechanism in Alexandria governorate

Issued also as CD