117 ndash 19 March 2008

Fast track to Sustainable Mobility

A High Speed Rail World Overview

Jean-Pierre LoubinouxChairman and CampO SNCF International

217 ndash 19 March 2008

5 main issues about the undertaking of a high-speed project

1 Major projects in operation or in preparation

317 ndash 19 March 2008

France - History

Since its creation in 1981 the TGV network has been extended to cover1840 kmThe TGV initially launched at 270kmh today travels at 300kmh even 320kmh on some stretches440 train sets180 stationsOver 14 billion passagers in 25 years

417 ndash 19 March 2008

France ndash Planned Projects

Extensions to other countriesGermany with the LGV EstSpain with the construction of the mixed-use Perpignan-Figueras line (of which the 45 contracted km are to enter into service in 2009)Italy with the construction of the mixed-use Lyon-Turin line (300km)

PLANNED 2145 km

275 km Extension Rhin ndash Rhocircne West and South 2011275 km Nicircmes ndash Perpignan 2012 350 km LGV Aquitaine Tours-Bordeaux 2013 ndash 2016405 km Grand Sud Bordeaux-Narbonne 165 km Bretagne Le Mans-Rennes235 km Pays Basque Bordeaux-Hendaye105 km Est Europe 175 km Lyon-Tunnel225 km Cocircte drsquoAzur

517 ndash 19 March 2008

Germany ndash The network

Completed high-speed sections

High-speed sections planned or under construction

Section taken by Thalys

617 ndash 19 March 2008

Spain ndash The Network

1992 Madrid ndash Seville2003 Madrid ndash LeridaNetwork being extended

- 1225 km in use - 500 km under construction Links planned for other countries France Portugal (Madrid- Lisbon 2013)

Line in useLine under constructionLine at planning stageLine at study stage

717 ndash 19 March 2008

Italy ndash The Network

LyonLyon

Innsbruck - MuumlnchenBern - Zuumlrich

Ljubljana

Line in useLine under constructionLine at planning stageLine at study stage

bull 1992 Historic Rome- Florence axis ldquoDirettissimardquo (line in use since 1978 with upgrades)bull 248 km to 250 kmhbull 314 km to 300 kmhbull Tilting technology bull 3000V bull 151 billion

passenger-km per year (2001)

817 ndash 19 March 2008

Great Britain

HIGH SPEED ONE gaining 20 min on the Paris-London route (14112007)London-Southfleet Junction 39 km at 300 kmh

High-speed service to and from Kentbull First regional high-speed service in the worldbull London ndash Stratford ndash Ebbsfleet ndash Ashford linebull Serves other towns in the region (Canterbury etc)bull Regional trains travel at 225kmhbull Operated under contract (2008)

Iintermediary stations

917 ndash 19 March 2008

HSL Planned in other European countries

PLANNEDPoland

500 km Warsaw-Lodz-Wroclav-Poznan (300 kmh)

Russia650 km Moscow-St Petersburg (300 kmh)

Sweden750 km Stockholm-Malmouml Goteborg (300 kmh)

217 ndash 19 March 2008

5 main issues about the undertaking of a high-speed project

1 Major projects in operation or in preparation

317 ndash 19 March 2008

France - History

Since its creation in 1981 the TGV network has been extended to cover1840 kmThe TGV initially launched at 270kmh today travels at 300kmh even 320kmh on some stretches440 train sets180 stationsOver 14 billion passagers in 25 years

417 ndash 19 March 2008

France ndash Planned Projects

Extensions to other countriesGermany with the LGV EstSpain with the construction of the mixed-use Perpignan-Figueras line (of which the 45 contracted km are to enter into service in 2009)Italy with the construction of the mixed-use Lyon-Turin line (300km)

PLANNED 2145 km

275 km Extension Rhin ndash Rhocircne West and South 2011275 km Nicircmes ndash Perpignan 2012 350 km LGV Aquitaine Tours-Bordeaux 2013 ndash 2016405 km Grand Sud Bordeaux-Narbonne 165 km Bretagne Le Mans-Rennes235 km Pays Basque Bordeaux-Hendaye105 km Est Europe 175 km Lyon-Tunnel225 km Cocircte drsquoAzur

517 ndash 19 March 2008

Germany ndash The network

Completed high-speed sections

High-speed sections planned or under construction

Section taken by Thalys

617 ndash 19 March 2008

Spain ndash The Network

1992 Madrid ndash Seville2003 Madrid ndash LeridaNetwork being extended

- 1225 km in use - 500 km under construction Links planned for other countries France Portugal (Madrid- Lisbon 2013)

Line in useLine under constructionLine at planning stageLine at study stage

717 ndash 19 March 2008

Italy ndash The Network

LyonLyon

Innsbruck - MuumlnchenBern - Zuumlrich

Ljubljana

Line in useLine under constructionLine at planning stageLine at study stage

bull 1992 Historic Rome- Florence axis ldquoDirettissimardquo (line in use since 1978 with upgrades)bull 248 km to 250 kmhbull 314 km to 300 kmhbull Tilting technology bull 3000V bull 151 billion

passenger-km per year (2001)

817 ndash 19 March 2008

Great Britain

HIGH SPEED ONE gaining 20 min on the Paris-London route (14112007)London-Southfleet Junction 39 km at 300 kmh

High-speed service to and from Kentbull First regional high-speed service in the worldbull London ndash Stratford ndash Ebbsfleet ndash Ashford linebull Serves other towns in the region (Canterbury etc)bull Regional trains travel at 225kmhbull Operated under contract (2008)

Iintermediary stations

917 ndash 19 March 2008

HSL Planned in other European countries

PLANNEDPoland

500 km Warsaw-Lodz-Wroclav-Poznan (300 kmh)

Russia650 km Moscow-St Petersburg (300 kmh)

Sweden750 km Stockholm-Malmouml Goteborg (300 kmh)

317 ndash 19 March 2008

France - History

Since its creation in 1981 the TGV network has been extended to cover1840 kmThe TGV initially launched at 270kmh today travels at 300kmh even 320kmh on some stretches440 train sets180 stationsOver 14 billion passagers in 25 years

417 ndash 19 March 2008

France ndash Planned Projects

Extensions to other countriesGermany with the LGV EstSpain with the construction of the mixed-use Perpignan-Figueras line (of which the 45 contracted km are to enter into service in 2009)Italy with the construction of the mixed-use Lyon-Turin line (300km)

PLANNED 2145 km

275 km Extension Rhin ndash Rhocircne West and South 2011275 km Nicircmes ndash Perpignan 2012 350 km LGV Aquitaine Tours-Bordeaux 2013 ndash 2016405 km Grand Sud Bordeaux-Narbonne 165 km Bretagne Le Mans-Rennes235 km Pays Basque Bordeaux-Hendaye105 km Est Europe 175 km Lyon-Tunnel225 km Cocircte drsquoAzur

517 ndash 19 March 2008

Germany ndash The network

Completed high-speed sections

High-speed sections planned or under construction

Section taken by Thalys

617 ndash 19 March 2008

Spain ndash The Network

1992 Madrid ndash Seville2003 Madrid ndash LeridaNetwork being extended

- 1225 km in use - 500 km under construction Links planned for other countries France Portugal (Madrid- Lisbon 2013)

Line in useLine under constructionLine at planning stageLine at study stage

717 ndash 19 March 2008

Italy ndash The Network

LyonLyon

Innsbruck - MuumlnchenBern - Zuumlrich

Ljubljana

Line in useLine under constructionLine at planning stageLine at study stage

bull 1992 Historic Rome- Florence axis ldquoDirettissimardquo (line in use since 1978 with upgrades)bull 248 km to 250 kmhbull 314 km to 300 kmhbull Tilting technology bull 3000V bull 151 billion

passenger-km per year (2001)

817 ndash 19 March 2008

Great Britain

HIGH SPEED ONE gaining 20 min on the Paris-London route (14112007)London-Southfleet Junction 39 km at 300 kmh

High-speed service to and from Kentbull First regional high-speed service in the worldbull London ndash Stratford ndash Ebbsfleet ndash Ashford linebull Serves other towns in the region (Canterbury etc)bull Regional trains travel at 225kmhbull Operated under contract (2008)

Iintermediary stations

917 ndash 19 March 2008

HSL Planned in other European countries

PLANNEDPoland

500 km Warsaw-Lodz-Wroclav-Poznan (300 kmh)

Russia650 km Moscow-St Petersburg (300 kmh)

Sweden750 km Stockholm-Malmouml Goteborg (300 kmh)

417 ndash 19 March 2008

France ndash Planned Projects

Extensions to other countriesGermany with the LGV EstSpain with the construction of the mixed-use Perpignan-Figueras line (of which the 45 contracted km are to enter into service in 2009)Italy with the construction of the mixed-use Lyon-Turin line (300km)

PLANNED 2145 km

275 km Extension Rhin ndash Rhocircne West and South 2011275 km Nicircmes ndash Perpignan 2012 350 km LGV Aquitaine Tours-Bordeaux 2013 ndash 2016405 km Grand Sud Bordeaux-Narbonne 165 km Bretagne Le Mans-Rennes235 km Pays Basque Bordeaux-Hendaye105 km Est Europe 175 km Lyon-Tunnel225 km Cocircte drsquoAzur

517 ndash 19 March 2008

Germany ndash The network

Completed high-speed sections

High-speed sections planned or under construction

Section taken by Thalys

617 ndash 19 March 2008

Spain ndash The Network

1992 Madrid ndash Seville2003 Madrid ndash LeridaNetwork being extended

- 1225 km in use - 500 km under construction Links planned for other countries France Portugal (Madrid- Lisbon 2013)

Line in useLine under constructionLine at planning stageLine at study stage

717 ndash 19 March 2008

Italy ndash The Network

LyonLyon

Innsbruck - MuumlnchenBern - Zuumlrich

Ljubljana

Line in useLine under constructionLine at planning stageLine at study stage

bull 1992 Historic Rome- Florence axis ldquoDirettissimardquo (line in use since 1978 with upgrades)bull 248 km to 250 kmhbull 314 km to 300 kmhbull Tilting technology bull 3000V bull 151 billion

passenger-km per year (2001)

817 ndash 19 March 2008

Great Britain

HIGH SPEED ONE gaining 20 min on the Paris-London route (14112007)London-Southfleet Junction 39 km at 300 kmh

High-speed service to and from Kentbull First regional high-speed service in the worldbull London ndash Stratford ndash Ebbsfleet ndash Ashford linebull Serves other towns in the region (Canterbury etc)bull Regional trains travel at 225kmhbull Operated under contract (2008)

Iintermediary stations

917 ndash 19 March 2008

HSL Planned in other European countries

PLANNEDPoland

500 km Warsaw-Lodz-Wroclav-Poznan (300 kmh)

Russia650 km Moscow-St Petersburg (300 kmh)

Sweden750 km Stockholm-Malmouml Goteborg (300 kmh)

517 ndash 19 March 2008

Germany ndash The network

Completed high-speed sections

High-speed sections planned or under construction

Section taken by Thalys

617 ndash 19 March 2008

Spain ndash The Network

1992 Madrid ndash Seville2003 Madrid ndash LeridaNetwork being extended

- 1225 km in use - 500 km under construction Links planned for other countries France Portugal (Madrid- Lisbon 2013)

Line in useLine under constructionLine at planning stageLine at study stage

717 ndash 19 March 2008

Italy ndash The Network

LyonLyon

Innsbruck - MuumlnchenBern - Zuumlrich

Ljubljana

Line in useLine under constructionLine at planning stageLine at study stage

bull 1992 Historic Rome- Florence axis ldquoDirettissimardquo (line in use since 1978 with upgrades)bull 248 km to 250 kmhbull 314 km to 300 kmhbull Tilting technology bull 3000V bull 151 billion

passenger-km per year (2001)

817 ndash 19 March 2008

Great Britain

HIGH SPEED ONE gaining 20 min on the Paris-London route (14112007)London-Southfleet Junction 39 km at 300 kmh

High-speed service to and from Kentbull First regional high-speed service in the worldbull London ndash Stratford ndash Ebbsfleet ndash Ashford linebull Serves other towns in the region (Canterbury etc)bull Regional trains travel at 225kmhbull Operated under contract (2008)

Iintermediary stations

917 ndash 19 March 2008

HSL Planned in other European countries

PLANNEDPoland

500 km Warsaw-Lodz-Wroclav-Poznan (300 kmh)

Russia650 km Moscow-St Petersburg (300 kmh)

Sweden750 km Stockholm-Malmouml Goteborg (300 kmh)

617 ndash 19 March 2008

Spain ndash The Network

1992 Madrid ndash Seville2003 Madrid ndash LeridaNetwork being extended

- 1225 km in use - 500 km under construction Links planned for other countries France Portugal (Madrid- Lisbon 2013)

Line in useLine under constructionLine at planning stageLine at study stage

717 ndash 19 March 2008

Italy ndash The Network

LyonLyon

Innsbruck - MuumlnchenBern - Zuumlrich

Ljubljana

Line in useLine under constructionLine at planning stageLine at study stage

bull 1992 Historic Rome- Florence axis ldquoDirettissimardquo (line in use since 1978 with upgrades)bull 248 km to 250 kmhbull 314 km to 300 kmhbull Tilting technology bull 3000V bull 151 billion

passenger-km per year (2001)

817 ndash 19 March 2008

Great Britain

HIGH SPEED ONE gaining 20 min on the Paris-London route (14112007)London-Southfleet Junction 39 km at 300 kmh

High-speed service to and from Kentbull First regional high-speed service in the worldbull London ndash Stratford ndash Ebbsfleet ndash Ashford linebull Serves other towns in the region (Canterbury etc)bull Regional trains travel at 225kmhbull Operated under contract (2008)

Iintermediary stations

917 ndash 19 March 2008

HSL Planned in other European countries

PLANNEDPoland

500 km Warsaw-Lodz-Wroclav-Poznan (300 kmh)

Russia650 km Moscow-St Petersburg (300 kmh)

Sweden750 km Stockholm-Malmouml Goteborg (300 kmh)

717 ndash 19 March 2008

Italy ndash The Network

LyonLyon

Innsbruck - MuumlnchenBern - Zuumlrich

Ljubljana

Line in useLine under constructionLine at planning stageLine at study stage

bull 1992 Historic Rome- Florence axis ldquoDirettissimardquo (line in use since 1978 with upgrades)bull 248 km to 250 kmhbull 314 km to 300 kmhbull Tilting technology bull 3000V bull 151 billion

passenger-km per year (2001)

817 ndash 19 March 2008

Great Britain

HIGH SPEED ONE gaining 20 min on the Paris-London route (14112007)London-Southfleet Junction 39 km at 300 kmh

High-speed service to and from Kentbull First regional high-speed service in the worldbull London ndash Stratford ndash Ebbsfleet ndash Ashford linebull Serves other towns in the region (Canterbury etc)bull Regional trains travel at 225kmhbull Operated under contract (2008)

Iintermediary stations

917 ndash 19 March 2008

HSL Planned in other European countries

PLANNEDPoland

500 km Warsaw-Lodz-Wroclav-Poznan (300 kmh)

Russia650 km Moscow-St Petersburg (300 kmh)

Sweden750 km Stockholm-Malmouml Goteborg (300 kmh)

817 ndash 19 March 2008

Great Britain

HIGH SPEED ONE gaining 20 min on the Paris-London route (14112007)London-Southfleet Junction 39 km at 300 kmh

High-speed service to and from Kentbull First regional high-speed service in the worldbull London ndash Stratford ndash Ebbsfleet ndash Ashford linebull Serves other towns in the region (Canterbury etc)bull Regional trains travel at 225kmhbull Operated under contract (2008)

Iintermediary stations

917 ndash 19 March 2008

HSL Planned in other European countries

PLANNEDPoland

500 km Warsaw-Lodz-Wroclav-Poznan (300 kmh)

Russia650 km Moscow-St Petersburg (300 kmh)

Sweden750 km Stockholm-Malmouml Goteborg (300 kmh)

917 ndash 19 March 2008

HSL Planned in other European countries

PLANNEDPoland

500 km Warsaw-Lodz-Wroclav-Poznan (300 kmh)

Russia650 km Moscow-St Petersburg (300 kmh)

Sweden750 km Stockholm-Malmouml Goteborg (300 kmh)

1017 ndash 19 March 2008

EuropeanHS Network

v gt 250 kmh

180 lt v lt 250 kmh

Other lines

v gt 250 kmh Planned

Forecast for 2020 0 500 km

IzmirAthinai

Bursa

Konya

Sivas

FrankfurtLux

Paris

Brux Koumlln

Zuumlrich

Milano

Muumlnchen

Maacutelaga

Alicante

Valencia

Barcelona

ZaragozaValladolid

Madrid

Genova

Lyon

Marseille

PrahaNuumlrnberg

Katowice

Warszawa

Wien

Bristol

Nantes

London

Dublin

Bordeaux

StPetersburg

BratislavaBudapest

Krakow

LjubljanaZagreb

Kobenhavn

Hann

Hamburg

Porto

Berlin

Helsinki

Tallinn

Moskva

Bologna

Roma

Napoli

Lisboa

Sevilla

Glasgow Edinburgh

Goumlteborg

OsloStockholm

Amsterdam

BucurestiBeograd

Sofia

Istanbul

Ankara

Riga

Sarajevo

TiranaSkopje

Chisinau

Vilnius

Kiev

Minsk

17 ndash 19 March 2008

HSR in other parts of the world HSR in other parts of the world

ChinaJapanSouth KoreaTaiwanUSAMoroccoArgentinaBrazil

IndiaSaudi ArabiaIranTurkey

1217 ndash 19 March 2008

IN OPERATION

China442 km Qinhuangdao-Shenyang (200 kmh) 2003330 km Jinan-Qingdao (250 kmh) 2006

Japan515 km Tokyo-Osaka (270 kmh) 1964161 km Osaka-Okayama (270 kmh) 1972393 km Okyama-Hakata (300 kmh) 1975466 km Omiya-Morioka (270 kmh) 1982240 km Omiya-Niigata (270 kmh) 1982125 km Takasaki-Nagano (260 kmh) 199797 km Morioka-Hachinohe (270 kmh) 2002

128 km Yatsuhiro-Kagoshima (270 kmh) 2004 South Korea

330 km Seoul-Daegu (300 kmh) 2004Taiwan

345 km Taipei-Kaohsiung (300 kmh) 2007USA

362 km North East Corridor (Boston-New York-Washington)(240 kmh)

HSLs in operation in other countries

1317 ndash 19 March 2008

HSLs Planned in other countries

PLANNEDMorrocco (2015)

240 km Casablanca-Marrakech (250 kmh)

Argentina (2020)315 km Buenos Aires-Rosario (250 kmh)

Brazil (2025)500 km Rio de Janeiro Sao Paulo (300 kmh)

Mexico (2025)615 km Mexico City Guadalajara (300 kmh)

USA (2025)900 km Los Angeles-Sacramento (300 kmh)

17 ndash 19 March 2008

HSR in other parts of the world HSR in other parts of the world

ChinaJapanSouth KoreaTaiwanUSAMoroccoArgentinaBrazil

IndiaSaudi ArabiaIranTurkey

1217 ndash 19 March 2008

IN OPERATION

China442 km Qinhuangdao-Shenyang (200 kmh) 2003330 km Jinan-Qingdao (250 kmh) 2006

Japan515 km Tokyo-Osaka (270 kmh) 1964161 km Osaka-Okayama (270 kmh) 1972393 km Okyama-Hakata (300 kmh) 1975466 km Omiya-Morioka (270 kmh) 1982240 km Omiya-Niigata (270 kmh) 1982125 km Takasaki-Nagano (260 kmh) 199797 km Morioka-Hachinohe (270 kmh) 2002

128 km Yatsuhiro-Kagoshima (270 kmh) 2004 South Korea

330 km Seoul-Daegu (300 kmh) 2004Taiwan

345 km Taipei-Kaohsiung (300 kmh) 2007USA

362 km North East Corridor (Boston-New York-Washington)(240 kmh)

HSLs in operation in other countries

1317 ndash 19 March 2008

HSLs Planned in other countries

PLANNEDMorrocco (2015)

240 km Casablanca-Marrakech (250 kmh)

Argentina (2020)315 km Buenos Aires-Rosario (250 kmh)

Brazil (2025)500 km Rio de Janeiro Sao Paulo (300 kmh)

Mexico (2025)615 km Mexico City Guadalajara (300 kmh)

USA (2025)900 km Los Angeles-Sacramento (300 kmh)

1217 ndash 19 March 2008

IN OPERATION

China442 km Qinhuangdao-Shenyang (200 kmh) 2003330 km Jinan-Qingdao (250 kmh) 2006

Japan515 km Tokyo-Osaka (270 kmh) 1964161 km Osaka-Okayama (270 kmh) 1972393 km Okyama-Hakata (300 kmh) 1975466 km Omiya-Morioka (270 kmh) 1982240 km Omiya-Niigata (270 kmh) 1982125 km Takasaki-Nagano (260 kmh) 199797 km Morioka-Hachinohe (270 kmh) 2002

128 km Yatsuhiro-Kagoshima (270 kmh) 2004 South Korea

330 km Seoul-Daegu (300 kmh) 2004Taiwan

345 km Taipei-Kaohsiung (300 kmh) 2007USA

362 km North East Corridor (Boston-New York-Washington)(240 kmh)

HSLs in operation in other countries

1317 ndash 19 March 2008

HSLs Planned in other countries

PLANNEDMorrocco (2015)

240 km Casablanca-Marrakech (250 kmh)

Argentina (2020)315 km Buenos Aires-Rosario (250 kmh)

Brazil (2025)500 km Rio de Janeiro Sao Paulo (300 kmh)

Mexico (2025)615 km Mexico City Guadalajara (300 kmh)

USA (2025)900 km Los Angeles-Sacramento (300 kmh)

1317 ndash 19 March 2008

HSLs Planned in other countries

PLANNEDMorrocco (2015)

240 km Casablanca-Marrakech (250 kmh)

Argentina (2020)315 km Buenos Aires-Rosario (250 kmh)

Brazil (2025)500 km Rio de Janeiro Sao Paulo (300 kmh)

Mexico (2025)615 km Mexico City Guadalajara (300 kmh)

USA (2025)900 km Los Angeles-Sacramento (300 kmh)

1417 ndash 19 March 2008

HSLs Planned in other countries

PLANNED

China (2010)1320 km Beijing-Shanghai (350 kmh)1100 km Beijing-Wuhan (300 kmh)905 km Harbin-Dalian (250 kmh)260 km Tianjin-Qinhuandao (250 kmh)490 km Nanjung-Wuhan (250 kmh)

India495 km Mumbai-Amehdabad (250 kmh)

Iran475 km Tehran-Isfahan (250 kmh)

Japan (2020)Shin Tosu-Nagasaki (270 kmh)

Saudi Arabia (2015)550 km Medina-Jeddah-Mecca (300 kmh)

Turkey570 km Istanbul Ankara (250 kmh)

1517 ndash 19 March 2008

UNDER CONSTRUCTIONChina

115 km Beijing-Tianjing (300 kmh) 20081045 km Wuhan-Guanzhou-Shenzhen (300 kmh) 2010190 km Shijiazhuang-Tai Yuan (250 kmh) 2010454 km Zhengzhou-Xian (250 kmh) 2010

1600 km Hangzhou-Ningbo-Fuzhou-Shenzhen (250 kmh) 2010

Japan (2013)60 km Hachinohe-Aomori (270 kmh)

121 km Wuhan-Guanzhou-Shenzhen (270 kmh) 193 km Morioka-Aomori (160 kmh)

South Korea82 km Daegu-Pusan (300 kmh)

HSLs Planned in other countries

1617 ndash 19 March 2008

Comparison

KM of HS Lines in the world

Europe Asia Other countries

TOTAL WORLD 2010

14 846

TOTAL WORLD 2025

30 911

In operation 5174 3168 362

Under construction 2417 3860

Planned 7765 5595 2570

TOTAL in 2010 7456 7028

TOTAL in 2025 15 356 12 623 2932

1717 ndash 19 March 2008

5 main issues about the undertaking of a high-speed project

2 The importance of selecting a good project manager principles

1817 ndash 19 March 2008

Directeur technique (Adjoint au directeur) Directeur AMO

Comiteacute de Maitrise drsquoouvrage deacutecisionnelle

Chargeacute de Comptabiliteacute

Chargeacute Achats Chargeacutes de contrats

Chargeacute 1 GC

- Financier - Juridique - SPS - Ingeacutenieur seacutecuriteacute - Chargeacute de Communication - Homologation - Assistante

Responsable Achat et

Comptabiliteacute

Responsable Construction LGV

Geacutenie Civil Etudes et Travaux

Equipements Ferroviaires (EF) Chargeacute marcheacute

rames

Chargeacute EF

Chargeacute 2 GC

Directeur du projet MOA opeacuterationnel

Chargeacutes du oncier

Chargeacute du Foncier

Responsable Mateacuteriel Roulant

Chargeacute Exploitation

Responsable Installations Terminales en

site exploiteacute y compris Construction atelier

Mateacuteriel Roulant

Responsable Offre

commerciale

ONCF Activiteacutes

voyageurs

Responsable Maintenance Infra

Chargeacute Atelier

ONCF Infra

Chargeacute 3 GC

Responsable Exploitation

- Budget + suivi coucircts - Qualiteacute - Chargeacute de Planification

ONCF Mateacuteriel

Chargeacute maintenance des rames

Exemple drsquoeacutequipe MOA

1917 ndash 19 March 2008

3 Accurate and detailed market researches

5 main issues about the undertaking of a high-speed project

2017 ndash 19 March 2008

TGV traffic growth

010 00020 00030 00040 00050 00060 00070 00080 00090 000

100 000thousands of passengers

1981

198

319

8519

8719

8919

9119

9319

9519

9719

9920

0120

0320

05

TGV yearly traffic growth 1981 - 2006(thousands of passengers)

thalyseurostarnord-europeintersecteuratlantiquesud-est

2117 ndash 19 March 2008

Market share Rail Rail + Air versus rail journey time

82

65

25

6h252h15 2h55

Rail market share( in )

1 2 3 4 5 6 7 8 9 100

20

40

60

80

100

TGV journey times( in hours )

Paris - Lyon ( TGV South-East )

Tokyo - Hiroshima

90

Madrid - Seacuteville ( AVE )

Paris - Londres ( Eurostar )Paris - Bordeaux ( TGV Atlantique )Stockholm - GotebergParis - MarseilleMontpellier ( as from June 2001 )

Paris - Toulouse Toulon

Paris - Nice

Paris - Bruxelles ( Thalys )

2217 ndash 19 March 2008

Market share RailAirRoad shift

Paris ndash MarseillesX30

22

65

Before TGV (1999) After TGV (2005)

Madrid ndash SevillaX28

1953

Before AVE (1991) After AVE (1997)

Paris ndash Brussels

2452

Before Thalys (1994) After Thalys (2005)

X22

regardless of road market share

AIR RAIL ROAD

2317 ndash 19 March 2008

4 Financing a project

5 main issues about the undertaking of a high-speed project

2417 ndash 19 March 2008

Financing of a BOT BOTM Project

The singularity of Build-Operate-Transfer and Build-Operate-Transfer and Maintain (BOT and BOTM) contracts lies in the existence of a private part in the financing of the project provided by the builder of the project

The private part may be one of three types1 Senior lenders- The senior lenders are in fact development banks- The servicing of their loans holds priority over the payment of the other funders2 Junior lenders- The junior lenders are the commercial banks3 Self-financing by the shareholders of the operating company- 2 categories of funding contracts in BOTs and BOTMs

- contracts on the subject of the loans- contracts covering the loan guarantees

2517 ndash 19 March 2008

PPP World Bank evaluation

Average duration + -

Management Contracts lt 5 years

Better management of infrastructures No global optimisation of infrastructure design and operation

Private know how

Lease contracts From 10 to 15 years

commercials risks take by privates partners Budget balance for the entire duration of the contract

Incitation to performance

Greenfield contracts From 15 to 30 years Use of private sectors know how Risks for public sector in case of underestimation of the demand

private share of investment financing difficulty to control private partners

Concessions From 25 to 30 years Private financing of investments Entire loss of public authorities control

Divestitures Limitation foreseeable in specific cases improvement of quality of the service

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

1617 ndash 19 March 2008

Comparison

KM of HS Lines in the world

Europe Asia Other countries

TOTAL WORLD 2010

14 846

TOTAL WORLD 2025

30 911

In operation 5174 3168 362

Under construction 2417 3860

Planned 7765 5595 2570

TOTAL in 2010 7456 7028

TOTAL in 2025 15 356 12 623 2932

1717 ndash 19 March 2008

5 main issues about the undertaking of a high-speed project

2 The importance of selecting a good project manager principles

1817 ndash 19 March 2008

Directeur technique (Adjoint au directeur) Directeur AMO

Comiteacute de Maitrise drsquoouvrage deacutecisionnelle

Chargeacute de Comptabiliteacute

Chargeacute Achats Chargeacutes de contrats

Chargeacute 1 GC

- Financier - Juridique - SPS - Ingeacutenieur seacutecuriteacute - Chargeacute de Communication - Homologation - Assistante

Responsable Achat et

Comptabiliteacute

Responsable Construction LGV

Geacutenie Civil Etudes et Travaux

Equipements Ferroviaires (EF) Chargeacute marcheacute

rames

Chargeacute EF

Chargeacute 2 GC

Directeur du projet MOA opeacuterationnel

Chargeacutes du oncier

Chargeacute du Foncier

Responsable Mateacuteriel Roulant

Chargeacute Exploitation

Responsable Installations Terminales en

site exploiteacute y compris Construction atelier

Mateacuteriel Roulant

Responsable Offre

commerciale

ONCF Activiteacutes

voyageurs

Responsable Maintenance Infra

Chargeacute Atelier

ONCF Infra

Chargeacute 3 GC

Responsable Exploitation

- Budget + suivi coucircts - Qualiteacute - Chargeacute de Planification

ONCF Mateacuteriel

Chargeacute maintenance des rames

Exemple drsquoeacutequipe MOA

1917 ndash 19 March 2008

3 Accurate and detailed market researches

5 main issues about the undertaking of a high-speed project

2017 ndash 19 March 2008

TGV traffic growth

010 00020 00030 00040 00050 00060 00070 00080 00090 000

100 000thousands of passengers

1981

198

319

8519

8719

8919

9119

9319

9519

9719

9920

0120

0320

05

TGV yearly traffic growth 1981 - 2006(thousands of passengers)

thalyseurostarnord-europeintersecteuratlantiquesud-est

2117 ndash 19 March 2008

Market share Rail Rail + Air versus rail journey time

82

65

25

6h252h15 2h55

Rail market share( in )

1 2 3 4 5 6 7 8 9 100

20

40

60

80

100

TGV journey times( in hours )

Paris - Lyon ( TGV South-East )

Tokyo - Hiroshima

90

Madrid - Seacuteville ( AVE )

Paris - Londres ( Eurostar )Paris - Bordeaux ( TGV Atlantique )Stockholm - GotebergParis - MarseilleMontpellier ( as from June 2001 )

Paris - Toulouse Toulon

Paris - Nice

Paris - Bruxelles ( Thalys )

2217 ndash 19 March 2008

Market share RailAirRoad shift

Paris ndash MarseillesX30

22

65

Before TGV (1999) After TGV (2005)

Madrid ndash SevillaX28

1953

Before AVE (1991) After AVE (1997)

Paris ndash Brussels

2452

Before Thalys (1994) After Thalys (2005)

X22

regardless of road market share

AIR RAIL ROAD

2317 ndash 19 March 2008

4 Financing a project

5 main issues about the undertaking of a high-speed project

2417 ndash 19 March 2008

Financing of a BOT BOTM Project

The singularity of Build-Operate-Transfer and Build-Operate-Transfer and Maintain (BOT and BOTM) contracts lies in the existence of a private part in the financing of the project provided by the builder of the project

The private part may be one of three types1 Senior lenders- The senior lenders are in fact development banks- The servicing of their loans holds priority over the payment of the other funders2 Junior lenders- The junior lenders are the commercial banks3 Self-financing by the shareholders of the operating company- 2 categories of funding contracts in BOTs and BOTMs

- contracts on the subject of the loans- contracts covering the loan guarantees

2517 ndash 19 March 2008

PPP World Bank evaluation

Average duration + -

Management Contracts lt 5 years

Better management of infrastructures No global optimisation of infrastructure design and operation

Private know how

Lease contracts From 10 to 15 years

commercials risks take by privates partners Budget balance for the entire duration of the contract

Incitation to performance

Greenfield contracts From 15 to 30 years Use of private sectors know how Risks for public sector in case of underestimation of the demand

private share of investment financing difficulty to control private partners

Concessions From 25 to 30 years Private financing of investments Entire loss of public authorities control

Divestitures Limitation foreseeable in specific cases improvement of quality of the service

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

1717 ndash 19 March 2008

5 main issues about the undertaking of a high-speed project

2 The importance of selecting a good project manager principles

1817 ndash 19 March 2008

Directeur technique (Adjoint au directeur) Directeur AMO

Comiteacute de Maitrise drsquoouvrage deacutecisionnelle

Chargeacute de Comptabiliteacute

Chargeacute Achats Chargeacutes de contrats

Chargeacute 1 GC

- Financier - Juridique - SPS - Ingeacutenieur seacutecuriteacute - Chargeacute de Communication - Homologation - Assistante

Responsable Achat et

Comptabiliteacute

Responsable Construction LGV

Geacutenie Civil Etudes et Travaux

Equipements Ferroviaires (EF) Chargeacute marcheacute

rames

Chargeacute EF

Chargeacute 2 GC

Directeur du projet MOA opeacuterationnel

Chargeacutes du oncier

Chargeacute du Foncier

Responsable Mateacuteriel Roulant

Chargeacute Exploitation

Responsable Installations Terminales en

site exploiteacute y compris Construction atelier

Mateacuteriel Roulant

Responsable Offre

commerciale

ONCF Activiteacutes

voyageurs

Responsable Maintenance Infra

Chargeacute Atelier

ONCF Infra

Chargeacute 3 GC

Responsable Exploitation

- Budget + suivi coucircts - Qualiteacute - Chargeacute de Planification

ONCF Mateacuteriel

Chargeacute maintenance des rames

Exemple drsquoeacutequipe MOA

1917 ndash 19 March 2008

3 Accurate and detailed market researches

5 main issues about the undertaking of a high-speed project

2017 ndash 19 March 2008

TGV traffic growth

010 00020 00030 00040 00050 00060 00070 00080 00090 000

100 000thousands of passengers

1981

198

319

8519

8719

8919

9119

9319

9519

9719

9920

0120

0320

05

TGV yearly traffic growth 1981 - 2006(thousands of passengers)

thalyseurostarnord-europeintersecteuratlantiquesud-est

2117 ndash 19 March 2008

Market share Rail Rail + Air versus rail journey time

82

65

25

6h252h15 2h55

Rail market share( in )

1 2 3 4 5 6 7 8 9 100

20

40

60

80

100

TGV journey times( in hours )

Paris - Lyon ( TGV South-East )

Tokyo - Hiroshima

90

Madrid - Seacuteville ( AVE )

Paris - Londres ( Eurostar )Paris - Bordeaux ( TGV Atlantique )Stockholm - GotebergParis - MarseilleMontpellier ( as from June 2001 )

Paris - Toulouse Toulon

Paris - Nice

Paris - Bruxelles ( Thalys )

2217 ndash 19 March 2008

Market share RailAirRoad shift

Paris ndash MarseillesX30

22

65

Before TGV (1999) After TGV (2005)

Madrid ndash SevillaX28

1953

Before AVE (1991) After AVE (1997)

Paris ndash Brussels

2452

Before Thalys (1994) After Thalys (2005)

X22

regardless of road market share

AIR RAIL ROAD

2317 ndash 19 March 2008

4 Financing a project

5 main issues about the undertaking of a high-speed project

2417 ndash 19 March 2008

Financing of a BOT BOTM Project

The singularity of Build-Operate-Transfer and Build-Operate-Transfer and Maintain (BOT and BOTM) contracts lies in the existence of a private part in the financing of the project provided by the builder of the project

The private part may be one of three types1 Senior lenders- The senior lenders are in fact development banks- The servicing of their loans holds priority over the payment of the other funders2 Junior lenders- The junior lenders are the commercial banks3 Self-financing by the shareholders of the operating company- 2 categories of funding contracts in BOTs and BOTMs

- contracts on the subject of the loans- contracts covering the loan guarantees

2517 ndash 19 March 2008

PPP World Bank evaluation

Average duration + -

Management Contracts lt 5 years

Better management of infrastructures No global optimisation of infrastructure design and operation

Private know how

Lease contracts From 10 to 15 years

commercials risks take by privates partners Budget balance for the entire duration of the contract

Incitation to performance

Greenfield contracts From 15 to 30 years Use of private sectors know how Risks for public sector in case of underestimation of the demand

private share of investment financing difficulty to control private partners

Concessions From 25 to 30 years Private financing of investments Entire loss of public authorities control

Divestitures Limitation foreseeable in specific cases improvement of quality of the service

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

1817 ndash 19 March 2008

Directeur technique (Adjoint au directeur) Directeur AMO

Comiteacute de Maitrise drsquoouvrage deacutecisionnelle

Chargeacute de Comptabiliteacute

Chargeacute Achats Chargeacutes de contrats

Chargeacute 1 GC

- Financier - Juridique - SPS - Ingeacutenieur seacutecuriteacute - Chargeacute de Communication - Homologation - Assistante

Responsable Achat et

Comptabiliteacute

Responsable Construction LGV

Geacutenie Civil Etudes et Travaux

Equipements Ferroviaires (EF) Chargeacute marcheacute

rames

Chargeacute EF

Chargeacute 2 GC

Directeur du projet MOA opeacuterationnel

Chargeacutes du oncier

Chargeacute du Foncier

Responsable Mateacuteriel Roulant

Chargeacute Exploitation

Responsable Installations Terminales en

site exploiteacute y compris Construction atelier

Mateacuteriel Roulant

Responsable Offre

commerciale

ONCF Activiteacutes

voyageurs

Responsable Maintenance Infra

Chargeacute Atelier

ONCF Infra

Chargeacute 3 GC

Responsable Exploitation

- Budget + suivi coucircts - Qualiteacute - Chargeacute de Planification

ONCF Mateacuteriel

Chargeacute maintenance des rames

Exemple drsquoeacutequipe MOA

1917 ndash 19 March 2008

3 Accurate and detailed market researches

5 main issues about the undertaking of a high-speed project

2017 ndash 19 March 2008

TGV traffic growth

010 00020 00030 00040 00050 00060 00070 00080 00090 000

100 000thousands of passengers

1981

198

319

8519

8719

8919

9119

9319

9519

9719

9920

0120

0320

05

TGV yearly traffic growth 1981 - 2006(thousands of passengers)

thalyseurostarnord-europeintersecteuratlantiquesud-est

2117 ndash 19 March 2008

Market share Rail Rail + Air versus rail journey time

82

65

25

6h252h15 2h55

Rail market share( in )

1 2 3 4 5 6 7 8 9 100

20

40

60

80

100

TGV journey times( in hours )

Paris - Lyon ( TGV South-East )

Tokyo - Hiroshima

90

Madrid - Seacuteville ( AVE )

Paris - Londres ( Eurostar )Paris - Bordeaux ( TGV Atlantique )Stockholm - GotebergParis - MarseilleMontpellier ( as from June 2001 )

Paris - Toulouse Toulon

Paris - Nice

Paris - Bruxelles ( Thalys )

2217 ndash 19 March 2008

Market share RailAirRoad shift

Paris ndash MarseillesX30

22

65

Before TGV (1999) After TGV (2005)

Madrid ndash SevillaX28

1953

Before AVE (1991) After AVE (1997)

Paris ndash Brussels

2452

Before Thalys (1994) After Thalys (2005)

X22

regardless of road market share

AIR RAIL ROAD

2317 ndash 19 March 2008

4 Financing a project

5 main issues about the undertaking of a high-speed project

2417 ndash 19 March 2008

Financing of a BOT BOTM Project

The singularity of Build-Operate-Transfer and Build-Operate-Transfer and Maintain (BOT and BOTM) contracts lies in the existence of a private part in the financing of the project provided by the builder of the project

The private part may be one of three types1 Senior lenders- The senior lenders are in fact development banks- The servicing of their loans holds priority over the payment of the other funders2 Junior lenders- The junior lenders are the commercial banks3 Self-financing by the shareholders of the operating company- 2 categories of funding contracts in BOTs and BOTMs

- contracts on the subject of the loans- contracts covering the loan guarantees

2517 ndash 19 March 2008

PPP World Bank evaluation

Average duration + -

Management Contracts lt 5 years

Better management of infrastructures No global optimisation of infrastructure design and operation

Private know how

Lease contracts From 10 to 15 years

commercials risks take by privates partners Budget balance for the entire duration of the contract

Incitation to performance

Greenfield contracts From 15 to 30 years Use of private sectors know how Risks for public sector in case of underestimation of the demand

private share of investment financing difficulty to control private partners

Concessions From 25 to 30 years Private financing of investments Entire loss of public authorities control

Divestitures Limitation foreseeable in specific cases improvement of quality of the service

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

1917 ndash 19 March 2008

3 Accurate and detailed market researches

5 main issues about the undertaking of a high-speed project

2017 ndash 19 March 2008

TGV traffic growth

010 00020 00030 00040 00050 00060 00070 00080 00090 000

100 000thousands of passengers

1981

198

319

8519

8719

8919

9119

9319

9519

9719

9920

0120

0320

05

TGV yearly traffic growth 1981 - 2006(thousands of passengers)

thalyseurostarnord-europeintersecteuratlantiquesud-est

2117 ndash 19 March 2008

Market share Rail Rail + Air versus rail journey time

82

65

25

6h252h15 2h55

Rail market share( in )

1 2 3 4 5 6 7 8 9 100

20

40

60

80

100

TGV journey times( in hours )

Paris - Lyon ( TGV South-East )

Tokyo - Hiroshima

90

Madrid - Seacuteville ( AVE )

Paris - Londres ( Eurostar )Paris - Bordeaux ( TGV Atlantique )Stockholm - GotebergParis - MarseilleMontpellier ( as from June 2001 )

Paris - Toulouse Toulon

Paris - Nice

Paris - Bruxelles ( Thalys )

2217 ndash 19 March 2008

Market share RailAirRoad shift

Paris ndash MarseillesX30

22

65

Before TGV (1999) After TGV (2005)

Madrid ndash SevillaX28

1953

Before AVE (1991) After AVE (1997)

Paris ndash Brussels

2452

Before Thalys (1994) After Thalys (2005)

X22

regardless of road market share

AIR RAIL ROAD

2317 ndash 19 March 2008

4 Financing a project

5 main issues about the undertaking of a high-speed project

2417 ndash 19 March 2008

Financing of a BOT BOTM Project

The singularity of Build-Operate-Transfer and Build-Operate-Transfer and Maintain (BOT and BOTM) contracts lies in the existence of a private part in the financing of the project provided by the builder of the project

The private part may be one of three types1 Senior lenders- The senior lenders are in fact development banks- The servicing of their loans holds priority over the payment of the other funders2 Junior lenders- The junior lenders are the commercial banks3 Self-financing by the shareholders of the operating company- 2 categories of funding contracts in BOTs and BOTMs

- contracts on the subject of the loans- contracts covering the loan guarantees

2517 ndash 19 March 2008

PPP World Bank evaluation

Average duration + -

Management Contracts lt 5 years

Better management of infrastructures No global optimisation of infrastructure design and operation

Private know how

Lease contracts From 10 to 15 years

commercials risks take by privates partners Budget balance for the entire duration of the contract

Incitation to performance

Greenfield contracts From 15 to 30 years Use of private sectors know how Risks for public sector in case of underestimation of the demand

private share of investment financing difficulty to control private partners

Concessions From 25 to 30 years Private financing of investments Entire loss of public authorities control

Divestitures Limitation foreseeable in specific cases improvement of quality of the service

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

2017 ndash 19 March 2008

TGV traffic growth

010 00020 00030 00040 00050 00060 00070 00080 00090 000

100 000thousands of passengers

1981

198

319

8519

8719

8919

9119

9319

9519

9719

9920

0120

0320

05

TGV yearly traffic growth 1981 - 2006(thousands of passengers)

thalyseurostarnord-europeintersecteuratlantiquesud-est

2117 ndash 19 March 2008

Market share Rail Rail + Air versus rail journey time

82

65

25

6h252h15 2h55

Rail market share( in )

1 2 3 4 5 6 7 8 9 100

20

40

60

80

100

TGV journey times( in hours )

Paris - Lyon ( TGV South-East )

Tokyo - Hiroshima

90

Madrid - Seacuteville ( AVE )

Paris - Londres ( Eurostar )Paris - Bordeaux ( TGV Atlantique )Stockholm - GotebergParis - MarseilleMontpellier ( as from June 2001 )

Paris - Toulouse Toulon

Paris - Nice

Paris - Bruxelles ( Thalys )

2217 ndash 19 March 2008

Market share RailAirRoad shift

Paris ndash MarseillesX30

22

65

Before TGV (1999) After TGV (2005)

Madrid ndash SevillaX28

1953

Before AVE (1991) After AVE (1997)

Paris ndash Brussels

2452

Before Thalys (1994) After Thalys (2005)

X22

regardless of road market share

AIR RAIL ROAD

2317 ndash 19 March 2008

4 Financing a project

5 main issues about the undertaking of a high-speed project

2417 ndash 19 March 2008

Financing of a BOT BOTM Project

The singularity of Build-Operate-Transfer and Build-Operate-Transfer and Maintain (BOT and BOTM) contracts lies in the existence of a private part in the financing of the project provided by the builder of the project

The private part may be one of three types1 Senior lenders- The senior lenders are in fact development banks- The servicing of their loans holds priority over the payment of the other funders2 Junior lenders- The junior lenders are the commercial banks3 Self-financing by the shareholders of the operating company- 2 categories of funding contracts in BOTs and BOTMs

- contracts on the subject of the loans- contracts covering the loan guarantees

2517 ndash 19 March 2008

PPP World Bank evaluation

Average duration + -

Management Contracts lt 5 years

Better management of infrastructures No global optimisation of infrastructure design and operation

Private know how

Lease contracts From 10 to 15 years

commercials risks take by privates partners Budget balance for the entire duration of the contract

Incitation to performance

Greenfield contracts From 15 to 30 years Use of private sectors know how Risks for public sector in case of underestimation of the demand

private share of investment financing difficulty to control private partners

Concessions From 25 to 30 years Private financing of investments Entire loss of public authorities control

Divestitures Limitation foreseeable in specific cases improvement of quality of the service

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

2117 ndash 19 March 2008

Market share Rail Rail + Air versus rail journey time

82

65

25

6h252h15 2h55

Rail market share( in )

1 2 3 4 5 6 7 8 9 100

20

40

60

80

100

TGV journey times( in hours )

Paris - Lyon ( TGV South-East )

Tokyo - Hiroshima

90

Madrid - Seacuteville ( AVE )

Paris - Londres ( Eurostar )Paris - Bordeaux ( TGV Atlantique )Stockholm - GotebergParis - MarseilleMontpellier ( as from June 2001 )

Paris - Toulouse Toulon

Paris - Nice

Paris - Bruxelles ( Thalys )

2217 ndash 19 March 2008

Market share RailAirRoad shift

Paris ndash MarseillesX30

22

65

Before TGV (1999) After TGV (2005)

Madrid ndash SevillaX28

1953

Before AVE (1991) After AVE (1997)

Paris ndash Brussels

2452

Before Thalys (1994) After Thalys (2005)

X22

regardless of road market share

AIR RAIL ROAD

2317 ndash 19 March 2008

4 Financing a project

5 main issues about the undertaking of a high-speed project

2417 ndash 19 March 2008

Financing of a BOT BOTM Project

The singularity of Build-Operate-Transfer and Build-Operate-Transfer and Maintain (BOT and BOTM) contracts lies in the existence of a private part in the financing of the project provided by the builder of the project

The private part may be one of three types1 Senior lenders- The senior lenders are in fact development banks- The servicing of their loans holds priority over the payment of the other funders2 Junior lenders- The junior lenders are the commercial banks3 Self-financing by the shareholders of the operating company- 2 categories of funding contracts in BOTs and BOTMs

- contracts on the subject of the loans- contracts covering the loan guarantees

2517 ndash 19 March 2008

PPP World Bank evaluation

Average duration + -

Management Contracts lt 5 years

Better management of infrastructures No global optimisation of infrastructure design and operation

Private know how

Lease contracts From 10 to 15 years

commercials risks take by privates partners Budget balance for the entire duration of the contract

Incitation to performance

Greenfield contracts From 15 to 30 years Use of private sectors know how Risks for public sector in case of underestimation of the demand

private share of investment financing difficulty to control private partners

Concessions From 25 to 30 years Private financing of investments Entire loss of public authorities control

Divestitures Limitation foreseeable in specific cases improvement of quality of the service

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

2217 ndash 19 March 2008

Market share RailAirRoad shift

Paris ndash MarseillesX30

22

65

Before TGV (1999) After TGV (2005)

Madrid ndash SevillaX28

1953

Before AVE (1991) After AVE (1997)

Paris ndash Brussels

2452

Before Thalys (1994) After Thalys (2005)

X22

regardless of road market share

AIR RAIL ROAD

2317 ndash 19 March 2008

4 Financing a project

5 main issues about the undertaking of a high-speed project

2417 ndash 19 March 2008

Financing of a BOT BOTM Project

The singularity of Build-Operate-Transfer and Build-Operate-Transfer and Maintain (BOT and BOTM) contracts lies in the existence of a private part in the financing of the project provided by the builder of the project

The private part may be one of three types1 Senior lenders- The senior lenders are in fact development banks- The servicing of their loans holds priority over the payment of the other funders2 Junior lenders- The junior lenders are the commercial banks3 Self-financing by the shareholders of the operating company- 2 categories of funding contracts in BOTs and BOTMs

- contracts on the subject of the loans- contracts covering the loan guarantees

2517 ndash 19 March 2008

PPP World Bank evaluation

Average duration + -

Management Contracts lt 5 years

Better management of infrastructures No global optimisation of infrastructure design and operation

Private know how

Lease contracts From 10 to 15 years

commercials risks take by privates partners Budget balance for the entire duration of the contract

Incitation to performance

Greenfield contracts From 15 to 30 years Use of private sectors know how Risks for public sector in case of underestimation of the demand

private share of investment financing difficulty to control private partners

Concessions From 25 to 30 years Private financing of investments Entire loss of public authorities control

Divestitures Limitation foreseeable in specific cases improvement of quality of the service

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

2317 ndash 19 March 2008

4 Financing a project

5 main issues about the undertaking of a high-speed project

2417 ndash 19 March 2008

Financing of a BOT BOTM Project

The singularity of Build-Operate-Transfer and Build-Operate-Transfer and Maintain (BOT and BOTM) contracts lies in the existence of a private part in the financing of the project provided by the builder of the project

The private part may be one of three types1 Senior lenders- The senior lenders are in fact development banks- The servicing of their loans holds priority over the payment of the other funders2 Junior lenders- The junior lenders are the commercial banks3 Self-financing by the shareholders of the operating company- 2 categories of funding contracts in BOTs and BOTMs

- contracts on the subject of the loans- contracts covering the loan guarantees

2517 ndash 19 March 2008

PPP World Bank evaluation

Average duration + -

Management Contracts lt 5 years

Better management of infrastructures No global optimisation of infrastructure design and operation

Private know how

Lease contracts From 10 to 15 years

commercials risks take by privates partners Budget balance for the entire duration of the contract

Incitation to performance

Greenfield contracts From 15 to 30 years Use of private sectors know how Risks for public sector in case of underestimation of the demand

private share of investment financing difficulty to control private partners

Concessions From 25 to 30 years Private financing of investments Entire loss of public authorities control

Divestitures Limitation foreseeable in specific cases improvement of quality of the service

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

2417 ndash 19 March 2008

Financing of a BOT BOTM Project

The singularity of Build-Operate-Transfer and Build-Operate-Transfer and Maintain (BOT and BOTM) contracts lies in the existence of a private part in the financing of the project provided by the builder of the project

The private part may be one of three types1 Senior lenders- The senior lenders are in fact development banks- The servicing of their loans holds priority over the payment of the other funders2 Junior lenders- The junior lenders are the commercial banks3 Self-financing by the shareholders of the operating company- 2 categories of funding contracts in BOTs and BOTMs

- contracts on the subject of the loans- contracts covering the loan guarantees

2517 ndash 19 March 2008

PPP World Bank evaluation

Average duration + -

Management Contracts lt 5 years

Better management of infrastructures No global optimisation of infrastructure design and operation

Private know how

Lease contracts From 10 to 15 years

commercials risks take by privates partners Budget balance for the entire duration of the contract

Incitation to performance

Greenfield contracts From 15 to 30 years Use of private sectors know how Risks for public sector in case of underestimation of the demand

private share of investment financing difficulty to control private partners

Concessions From 25 to 30 years Private financing of investments Entire loss of public authorities control

Divestitures Limitation foreseeable in specific cases improvement of quality of the service

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

2517 ndash 19 March 2008

PPP World Bank evaluation

Average duration + -

Management Contracts lt 5 years

Better management of infrastructures No global optimisation of infrastructure design and operation

Private know how

Lease contracts From 10 to 15 years

commercials risks take by privates partners Budget balance for the entire duration of the contract

Incitation to performance

Greenfield contracts From 15 to 30 years Use of private sectors know how Risks for public sector in case of underestimation of the demand

private share of investment financing difficulty to control private partners

Concessions From 25 to 30 years Private financing of investments Entire loss of public authorities control

Divestitures Limitation foreseeable in specific cases improvement of quality of the service

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

2617 ndash 19 March 2008

CAPEX breakdown

High speed lines costs breakdow n

Catenary 4

Signalling- Telecom 9

Track 14

Infrastructure 625

Rights of Ways 9

Rights of W aysInfrastructureTrackSignalling- TelecomCatenaryEnergy supplyMisc

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27

2717 ndash 19 March 2008

Rolling stock (maintenance and availability)Track (cost of building cost of maintenance)Size of the paths (mixed traffic inter-modal transports)Location and operating stations (client serviceOperatorrsquos role training transfer of know-how regarding maintenance operationhellip

5 Identifying the main priorities

5 main issues about the undertaking of a high-speed project

• Diapositive numeacutero 1
• 5 main issues about the undertaking of a high-speed project
• France - History
• France ndash Planned Projects
• Germany ndash The network
• Spain ndash The Network
• Italy ndash The Network
• Great Britain
• HSL Planned in other European countries
• Diapositive numeacutero 10
• Diapositive numeacutero 11
• HSLs in operation in other countries
• HSLs Planned in other countries
• HSLs Planned in other countries
• Diapositive numeacutero 15
• Comparison
• 5 main issues about the undertaking of a high-speed project
• Diapositive numeacutero 18
• Diapositive numeacutero 19
• TGV traffic growth
• Market share Rail Rail + Air versus rail journey time
• Market share RailAirRoad shift
• Diapositive numeacutero 23
• Financing of a BOT BOTM Project
• PPP World Bank evaluation
• CAPEX breakdown
• Diapositive numeacutero 27