Table 3 Performance metrics for PPP strategy and traditional strategy
Performance metric | Results of PPP strategy | Results of traditional strategy |
|---|---|---|
Number of trips per day (2014) | 1470,000 | 1260,000 |
Average travel distance (2014) | 195 km | 156 km |
Average peak travel time (2014) | 1.86 h | 1.61 h |
Average peak speed (2014) | 105 km/h | 97 km/h |
Average daily total delay (2014) | 410,000 h | 467,000 h |
Total investment (2005–2014) | 268 bil. CNY | 224 bil. CNY |
NPV | 109.9 bil. CNY | 87.3 bil. CNY |