Description:
DECARBONISATION AND CIRCULAR TRANSPORT ECONOMY IN TRANSPORT PDUs for PEs and CEngs
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Synopsis
Decarbonisation momentum across the global transport market is increasing as shifts in business, consumer, regulatory, policy and investor thinking are driving change.
On the heels of the COP 27 climate summit, the global market push towards reducing emissions from infrastructure projects and operations particularly in rail transport, is strengthening.
Investors and financiers are looking for green projects to invest in, making rail an attractive long-term investment choice. Due to rail’s popularity as a low carbon mass transit option, the global rail sector is experiencing immense opportunity and expected to grow faster than any other infrastructure sector. However, for railways to be able to meet whole life decarbonisation targets and for rail businesses to thrive in a net zero world, railways need to move beyond the status quo and transform as an industry. This means taking a ‘total system’ approach across business strategies and the railway life cycle – from planning and construction through to operations, maintenance, and end of life – and working collaboratively across value chains and other industries such as energy and technology sectors.
Taking a circular economy approach, which is being successfully adopted in other industries, offers railways a major opportunity to deliver decarbonisation targets and whole life efficiencies. This presentation will explore the fundamentals of circular economy for rail and demonstrate how it will support a necessary but cost-effective approach to managing rail infrastructure project implementation, operation and maintenance, and life cycle asset management.
About the Speaker
Mr TC Chew graduated from the University of Manchester Institute of Science & Technology in 1975. He is a railway engineer with over 40 years of experience in the industry. He is currently the Global Rail Business Director for Arup based mainly in the UK.
Prior to Arup, he was the President of Global Business Operations of Samsung C&T involving with projects like Riyadh Metro, UK Mersey Gateway Bridge, etc. Between 2009 and 2014, Mr Chew was the Projects Director of Hong Kong MTR Corporation responsible for all new railway projects in Hong Kong, including the South Island (East) line, High-Speed Rail to Guangzhou and overseas PPP projects.
While at Bombardier Transportation in London, TC oversaw major projects including the London Underground Victoria line and Sub-Surface Lines upgrades. During 1995 to 2003, TC was the Senior Director for Projects and Engineering with Land Transport Authority of Singapore instrumental in bringing driverless metro and LRTs into operation.
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