Rail infrastructure investment news | 16 comments (16 topical, editorial, 0 hidden)

And yet another government is forced by the facts to come to its senses regarding PPP:

ETCS tender launched for Madrid - Galicia HSL | International Railway Journal

SPANISH infrastructure manager Adif last week approved the tendering of a contract to design, install and maintain signaling and telecommunications equipment on the Madrid-Galicia high-speed rail line, with a total value of €640.8m.
...The package replaces a €905m public-private partnership contract issued two years ago. Despite its initial intention to call for private investment to equip the line in order to ease the financial burden on the state, the Spanish government subsequently decided to contract the works directly due to lower interest rates in the bond market and a lack of interest from the private sector.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Wed Mar 5th, 2014 at 06:44:17 AM EST
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Re: Puente AVE (4.00 / 4)

Heh. And here is yet another (my emphasis at the end):

Trafikverket releases Swedish high-speed report | International Railway Journal

SWEDISH infrastructure manager Trafikverket published a new report on February 28 outlining potential options for a high-speed line linking Stockholm with Gothenburg and Malmö.
...The total cost of the network is estimated to be around SKr 125bn ($US 19.4bn) at 2008 prices, of which SKr 59bn would come from the state, SKr 43bn from track access charges, SKr 19bn from local and regional governments, and SKr 4bn from the European Union. The remaining SKr 19bn would cover the cost of private finance, and the report suggests costs could be reduced if the project is entirely publically-funded.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Wed Mar 5th, 2014 at 06:47:53 AM EST
[ Parent ]

Rail infrastructure investment news | 16 comments (16 topical, 0 editorial, 0 hidden)