Texan transport team
begins European mission
17 September 2003
Representatives from the Texas Department of Transportation (TxDOT)
arrived in London yesterday on the first leg of a European tour
to promote involvement in the Trans Texas Corridor - the largest
engineering project ever proposed for Texas.
Representing an investment of between US$142.2 billion and
US$183.5 billion the Trans Texas Corridor is a series of
infrastructure corridors located throughout Texas. The 6,700km
corridor will include separate lanes for passenger vehicles
(three in each direction) and trucks (two in each direction),
six rail lines (three in each direction); two tracks for
high-speed passenger rail, two for commuter rail and two for
freight. The corridor will also include a 60m dedicated utility
zone, for power, oil and gas.
The
Trans Texas Corridor programme has identified a range of
opportunities for public-private partnerships. In particular,
there are major opportunities for European business partners
with creative solutions for equity participation and concession
models.
While
in the UK the team will be meeting with a number of development,
construction and funding organisations - with the aim of gauging
British interest for the Trans Texas Corridor. Over the next 14
days, their mission will extend to Paris, Barcelona, Madrid and
Rome.
The
European mission is being organised by
Halcrow, one of the UK's
leading infrastructure consultants, as part of its ongoing work
to support the TxDOT. Future inputs will include procurement
advice and transport expertise for the development of the Trans
Texas Corridor.
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