Over the last decade, restructuring of railway systems has resulted in infrastructure management assets demanding increased performance and reliability while adopting budget limits and reduced time available for maintenance. In fact, the current routine and major programmed maintenances are such capital-intensive activities that transport operating companies always attempt to optimise the operational procedures and related assets' performances towards minimising the costs. Characteristically, the use of macro synthetic fibre reinforcement is proposed to improve the structural performances and service life of the sleeper component. Accordingly, this study addresses the economic feasibility of implementing macro synthetic fibre reinforced concrete (MSFRC) as an alternative material for railway sleeper applications. Through a life cycle costing (LCC) approach, the study evaluates the impact of different asset phases such as acquisition, operation and maintenance, and end-of-life towards a cost comparison of MSFRC with conventional sleeper materials. Hence, the most financially viable option is identified, although key economic parameters are varied to simulate future market values. [ABSTRACT FROM AUTHOR]