cgcsb wrote: » Such a private venture would carry significant risk, especially in the depths of recession, and private investors wouldn't touch it unless there was at least some commitment from the state.
MICKEYG wrote: » Agreed but recessions never last forever and given the time to completion and the cost benefit analysis the business case looked strong.
cgcsb wrote: » I think you are overlooking the vast differential in capital costs. The state can fund several projects across the country e.g. BXD, BRT, Cycle network and bike schemes in the regional Cities. Although DART Underground will probably deliver as many if not more benefits, it's the speed of delivery and the value of the smaller projects that attracts looser purse strings. DART u is a more long term project, a minimum of 4 years construction and massive capital required. It's just not as politically appealing.
The key, he says, is capital funding for Iarnród Éireann. He “will be engaging with the National Transport Authority and Irish Rail” over coming weeks. “I am confident we will be able to maintain the same level of service next year that Irish Rail has this year.”
antoinolachtnai wrote: » I really think that a higher level rethink is needed than just thinking about capital funding. It takes a lot more than just a capital asset to run a world class public transport service through a tunnel. A lot of smarts are needed too, at all stages. I think the right thing to do here would be to get in investment from an international player in this area.
ClovenHoof wrote: » It is NEVER going to be built. 30 Years overdue. Endless reports. The DART Interconnector will never happen. Everyone on this thread knows it is their hearts than no Irish Government wants to build it EVER.
annfield1978 wrote: » No announcement in the budget on this?, I thought there was a deadline for the government to decide whether to go ahead with purchasing lands tied up with the railway order?
ClovenHoof wrote: » In 9 years time the DART Underground plan will be a Half Century old. Let that sink in.
strassenwo!f wrote: » The LUAS was there, remember. If you're going to build a big-ticket project across the city, you want to show that you're integrating as many transport modes as possible. And this meant integrating the LUAS, ie building via St. Stephen's Green. Adding at least 100 million euro to the cost, but integrating with the LUAS.
omicron wrote: » Not very subtle, you have a whole thread for that.
strassenwo!f wrote: » I note that you're getting thanked by all and sundry, but is discussing the reasons for building the interconnector via St. Stephen's Green not more relevant to this thread?
omicron wrote: » No.
D Trent wrote: » It's depressing to see just how far ahead of Ireland the UK arehttp://www.thejournal.ie/london-tunnel-cross-rail-1814515-Dec2014/