Sustaining Transit Investment in Asia’s Cities: A Beneficiary-Funding and Land Value Capture Perspective | Asian Development Bank

Sustaining Transit Investment in Asia’s Cities: A Beneficiary-Funding and Land Value Capture Perspective

Publication | April 2019
Sustaining Transit Investment in Asia’s Cities: A Beneficiary-Funding and Land Value Capture Perspective

This report explains how proven methods of land value capture can help fund sustained urban transit investment in developing countries in Asia.

It provides a primer on the importance of land value capture in urban planning and growth and identifies challenges to its use in Southeast Asian megacities like Bangkok, Jakarta, and Manila. The report combines technical analysis of land value increases arising from public mass transit investments with policy recommendations on the use of land value capture mechanisms in a developing country context.

Contents 

  • Executive Summary
  • Introduction
  • A Tale of Three Megacities in Developing Asia: The Need for Sustained Mass Rapid Transit Investment in Bangkok, Jakarta, and Manila
  • Land Value Capture and Beneficiary Funding-Concept and Principles
  • Property Value Increases Due to Transit—Evidence from Southeast Asia and the World
  • Land Value Capture in Action—Strategies and Successes
  • Proven Land Value Capture Mechanisms
  • Adapting Proven Land Value Capture Mechanisms to Southeast Asian Megacities: Progress and Challenges
  • Moving Forward with Land Value Capture