rail privatization

Rail privatization involves transferring ownership and operation of railway services from the government to private companies. The goal is to improve efficiency, service quality, and innovation by introducing competition and private sector expertise. Governments may retain ownership of infrastructure while privately run companies handle train services and maintenance. The approach varies globally, with some countries fully privatizing railways, and others maintaining public control or partnerships. Overall, privatization aims to promote better performance, reduce costs, and respond more flexibly to passenger and freight demands.