When developing countries with good economic growth build a Metro does it accelerate that growth?

Question

The Dominican Republic has one of the fastest growing economies in the world with a per capita purchasing power of $10,000 and it has averaged 7% economic growth for the last 10 years or so. Soon the capital will have its first Metro and the first line is going to open this year. How will this affect the economic growth of the country? Do you think it will help it or hurt it?

http://www.myspace.com/santodomingometro

Answer 1

Oh definitely help!

Answer 2

The Santo Domingo Metro will help because it will improve traffic flow in Santo Domingo and other part of the metropolitan area. With the metro, many people will leave their cars at home, which in turn will reduce congestion on the roads and improve the air quality.

The metro will also spur economic development alone the first line of the metro, many developers and corporation will want to build their apartment and/or office building along the metro route. Just look at other cities around the world with modern metro system, cities like Hong Kong, Peking, Los Angeles, San Francisco, and Washington, D.C. The metros in those cities has prove to be not on a transportation alternative to the automobile, but a financial boom as developer and corporation will have their businesses near a metro station to encourage people to ride the metro instead of driving.

In the end, the Santo Domingo Metro will help because it will reduce the number automobiles on the road, spur development, and create a more livable city.