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

Abstract

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.