Using transport routes as a catalyst for economic development, a concept known as Transit Oriented Development (TOD), has a few clear benefits:
• Access to economic opportunity: employment and entrepreneurship opportunities from businesses that operate at public transport nodes – like bus stations, train terminals, and taxi ranks.
• Social spaces: where people can connect, network, and share knowledge. Just by creating a safe environment for people to interact, a myriad of opportunities can emerge.
• Easier movement of labour: integrated and efficient transport routes reduce wasted time (such as waiting time, and walking between a train and a taxi station, for instance) – meaning that people can be more productive, and get home to their families in the evening with less hassle.
Data-driven transport
For TOD to be possible, gathering and intelligently using masses of commuter data is a critical starting point. Data-driven transport planning can ensure public services infrastructure – like schools, parks, hospitals and police services – are integrated into the major nodes of a region’s public transport infrastructure.
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