The Conversation

Explainer: what is ‘value capture’ and what does it mean for cities?

Author: The Conversation

Transit value capture is used in Hong Kong.Flickr/Kin, CC BY

Value capture secures some of the benefits delivered by public investment to offset the costs of provision. The notion has been around in various forms for a while, but recently gained steam. Prime Minister’s Malcolm Turnbull’s Smart Cities Plan touts value capture as a way to...

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