faqs.org » Abstracts Index » Abstracts » Business, international

Eurorail and L&C win on subsidy

Article Abstract:

The UK government has shortlisted consortia Eurorail and London & Continental as two of the four bids to construct and operate the Channel Tunnel Rail Link connecting London and Folkestone. Construction costs for the 108 km link are estimated to be some 3 billion pounds sterling, plus a further 3 billion pounds sterling for development costs. It is believed that the two shortlisted bids require the least state subsidy. The new line is set for completion by 2002.

Syndicates (Finance), London and Continental Railways Ltd., Eurorail

---

Taiwan's mass rapid transit system breaks down

Article Abstract:

Talks between Matra Tansit, a subsidiary of Matra-Hachette of France, and the Department of Rapid Transit systems (Dorts) in Taipei have broken down over final payments on the Mass Rapid Transit (MRT) system. Matra has claimed that Dorts is unlawfully withholding payments and has withdrawn staff from the project. There are currently 23 units out of service due to brake faults, derailments and fires during tests.

Matra Transit Inc.

---

Advisers line up for Thai rail

Article Abstract:

Companies have been shortlisted to advise regarding privatization options.

United States, Use of services, Management Consulting Services, Thailand, Business & Mgmt Consulting, Business consultants, Management consultants, Consulting services, Booz Allen Hamilton Inc., Queensland Rail, Canada Rail, State Railway of Thailand

Some parts © 2012 Advameg, Inc.