Land value gains and value capture

The potential for financing public transport infrastructure

Authored by: Corinne Mulley , Barbara T.H. Yen , Min Zhang

The Routledge Handbook of Public Transport

Print publication date:  May  2021
Online publication date:  May  2021

Print ISBN: 9780367418724
eBook ISBN: 9780367816698
Adobe ISBN:


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This chapter addresses one of the current problems in transport planning, namely how to finance public transport investment from land value gains (known as value capture) rather than from direct government financing or through the fare box. The implementation of value capture provides the opportunity to open up new and equitable financing because the burden of funding is spread amongst the beneficiaries.

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