The Greater Copenhagen Light Rail
The Greater Copenhagen Light Rail
Original title: Hovedstadens Letbane på Ring 3
The Greater Copenhagen Light Rail is estimated to begin operations in 2024. Based on a number of preconditions, calculations on its expected economic value were published as part of the report ‘Udredning om Letbane på Ring 3’ in 2013.
Copenhagen Economics was asked to analyse whether these have since changed.
Our study finds that at least eight of the preconditions for the project’s calculations in 2013 on the economic value have changed. These changes involve a higher increase in both population and traffic along the light rail, causing more congestion on the roads than what was initially anticipated, and these two factors alone are estimated to cause an improved economic value compared to what was expected in 2013.
Our findings suggest that the calculations on the economic value from 2013 may be outdated.
The main conclusions of our study
The conclusions of the 2013 report are based on at least eight preconditions that have since changed
At least four of these changed preconditions are expected to contribute to a better economic value compared to the expectations in 2013
The 2013 report’s estimate of the economic value of the Greater Copenhagen Light Rail may be outdated
This study was commissioned by LOOP CITY.
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