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Report cover showing Eurostar trains at Waterloo station

Department of the Environment, Transport and the Regions: The Channel Tunnel Rail Link

“It is apparent that, faced with a range of complex issues, the Department handled negotiations with LCR in a competent manner. The financing of the restructured project is fundamentally different to that envisaged in 1996, and so is the distribution of risks between the various parties now involved. There are a number of important lessons here for future PPPs, along with some specific points for the Department”.

Published:
28 Mar 2001