Tuesday, April 19, 2011

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Hochtief wins a tunnel under the Thames at 220 million euros


A consortium involving the German construction company Hochtief has been awarded the construction of a tunnel under the River Thames in the amount of 220 million euros.

controlled by German construction company ACS has been awarded the construction of a tunnel five miles of a new rail link, the 'Crossrail' will cross the basement of the British capital from east to west.

Hochtief participated in a consortium with the signature J. Murphy & Sons. This new contract, valued at 220 million joins the euro managed by ACS, the largest shareholder of the German, who also won a contract in the 'Crossrail', which could be ready in 2015.

'Crossrail'
The 'Crossrail' is a new London Underground rail link of 118 kilometers, from Maidenhead and Heathrow in the west to Shenfield and Abbey Wood in the East through 21 km of new twin tunnels beneath central London.

This link will increase rail capacity in London by 10%, allowing regeneration of the capital, helping to ensure London's position as a world financial center and shorter travel times in the city.

Last December, Ferrovial, FCC and ACS, were awarded the construction of a railway tunnel for a total of 1,125 million pounds (about 1,400 million euros at current exchange rates)


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