Study on The Financial Feasibility of Proposed BRT System in Dhaka

Movement in cities is not an end in itself. Movement of people occurs in order to gain access to people and things. But in car-oriented cities, activities tend to spread out. This forces people to travel further and further for the same level of accessibility as before. So the main concern of transportation planning should be on moving people and goods rather than vehicles. In dense cities, public transport saves valuable space and energy compared to private transport and can make a healthy profit at the same time. Bangladesh is one of the most densely populated cities of the world. To serve this high density Dhaka City, the capital of Bangladesh, needs efficient public transport system. This can be facilitated by the introduction of BRT. In this study a design proposal is made for the blue route; proposed in the Strategic Transport Plan for the city. Then the financial feasibility was analyzed using some popular tools like, break even analysis, benefit cost ratio, net present value, internal rate of return. From the analysis it was found that implementing BRT will be beneficial financially. So, to solve the transportation problems of Dhaka, BRT will be a very good choice.