Value creation & capture around transport infrastructure station nodes in South Africa

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dc.contributor.advisorBehrens, Rogeren_ZA
dc.contributor.advisorViruly, Francoisen_ZA
dc.contributor.authorLombard, Samuel Hendriken_ZA
dc.date.accessioned2017-01-31T07:57:24Z
dc.date.available2017-01-31T07:57:24Z
dc.date.issued2016en_ZA
dc.description.abstractIn the South African context, the infrastructure backlog is ever increasing and with limited government funding, the reality is that the gap will most likely never be closed. There are however, numerous value capturing mechanisms applied elsewhere in the world that can help with infrastructure funding, but little or none have been applied in a South African context yet. This report reviews the literature on value capturing, and explores whether or not it can be applied in transport infrastructure additions in South Africa. This report seeks to understand the applicability of the different mechanisms to a case study of the Gautrain project in Gauteng. Secondary data is used to evaluate the effect of the newly constructed stations on adjacent residential property values. This is done by looking at three variables, namely distance to station, analysis year and housing type. The data used in the analysis is validated by means of an ANOVA analysis, which is assessed by the F-test and a consequent Tukey's HSD test. This paper illustrates that value capturing is possible in a South African context. Stations such as Pretoria and Johannesburg indicated a direct correlation between increased property values and infrastructure additions and can therefore act as justification for value creation and consequent value capture. Further studies evaluating other variables should however still be conducted.en_ZA
dc.identifier.apacitationLombard, S. H. (2016). <i>Value creation & capture around transport infrastructure station nodes in South Africa</i>. (Thesis). University of Cape Town ,Faculty of Engineering & the Built Environment ,Department of Civil Engineering. Retrieved from http://hdl.handle.net/11427/23744en_ZA
dc.identifier.chicagocitationLombard, Samuel Hendrik. <i>"Value creation & capture around transport infrastructure station nodes in South Africa."</i> Thesis., University of Cape Town ,Faculty of Engineering & the Built Environment ,Department of Civil Engineering, 2016. http://hdl.handle.net/11427/23744en_ZA
dc.identifier.citationLombard, S. 2016. Value creation & capture around transport infrastructure station nodes in South Africa. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Lombard, Samuel Hendrik AB - In the South African context, the infrastructure backlog is ever increasing and with limited government funding, the reality is that the gap will most likely never be closed. There are however, numerous value capturing mechanisms applied elsewhere in the world that can help with infrastructure funding, but little or none have been applied in a South African context yet. This report reviews the literature on value capturing, and explores whether or not it can be applied in transport infrastructure additions in South Africa. This report seeks to understand the applicability of the different mechanisms to a case study of the Gautrain project in Gauteng. Secondary data is used to evaluate the effect of the newly constructed stations on adjacent residential property values. This is done by looking at three variables, namely distance to station, analysis year and housing type. The data used in the analysis is validated by means of an ANOVA analysis, which is assessed by the F-test and a consequent Tukey's HSD test. This paper illustrates that value capturing is possible in a South African context. Stations such as Pretoria and Johannesburg indicated a direct correlation between increased property values and infrastructure additions and can therefore act as justification for value creation and consequent value capture. Further studies evaluating other variables should however still be conducted. DA - 2016 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2016 T1 - Value creation & capture around transport infrastructure station nodes in South Africa TI - Value creation & capture around transport infrastructure station nodes in South Africa UR - http://hdl.handle.net/11427/23744 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/23744
dc.identifier.vancouvercitationLombard SH. Value creation & capture around transport infrastructure station nodes in South Africa. [Thesis]. University of Cape Town ,Faculty of Engineering & the Built Environment ,Department of Civil Engineering, 2016 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/23744en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentDepartment of Civil Engineeringen_ZA
dc.publisher.facultyFaculty of Engineering and the Built Environment
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherCivil Engineeringen_ZA
dc.subject.otherTransport Studiesen_ZA
dc.titleValue creation & capture around transport infrastructure station nodes in South Africaen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMEngen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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