Jaipur Metro Rail Line 1-Phase B Project

Transport demand modeling should be based on reasonable assumptions. The economic and financial viability of urban infrastructure projects is normally determined based on the results of a complex transport demand modeling. Under a proposed scenario, the model’s accuracy regarding the modal share depends greatly on the reasonableness of the adopted assumptions, such as the catchment area and willingness to pay. Overly optimistic assumptions lead to overestimation and may cause operational loss. As a best practice, ADB is conducting additional due diligence to scrutinize the assumptions adopted and update the analysis for decision-making.