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Financial crisis threatens Alicante AVE high speed train
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By h.b. - Oct 16, 2008 - 8:26 AM
Plans to place the train lines underground in Alicante are reported to be threatened.
The manager of the Avant company, which is managing the works for the arrival of the AVE high speed train in Alicante has warned that the plans to place the train lines underground in the approach to the station are now under threat.
Miguel Garulo told the Información newspaper that the current economic circumstances mean that land which was to have been sold to pay for part of the 600 million € budget for the works remains unsold, and banks are unwilling to provide credit.
It’s unclear as to whether a plan B will be followed keeping the train lines above ground, should the funding for placing them underground no longer be forthcoming.
Meanwhile the Mayor of San Isidro, the Socialist Fernando Morales, has said that he will block the AVE construction in the courts if the Ministry for Development ignores his appeals and makes no changes to the route of the high speed line.
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Financial crisis threatens Alicante AVE high speed train
larger | smaller
By h.b. - Oct 16, 2008 - 8:26 AM
Plans to place the train lines underground in Alicante are reported to be threatened.
The manager of the Avant company, which is managing the works for the arrival of the AVE high speed train in Alicante has warned that the plans to place the train lines underground in the approach to the station are now under threat.
Miguel Garulo told the Información newspaper that the current economic circumstances mean that land which was to have been sold to pay for part of the 600 million € budget for the works remains unsold, and banks are unwilling to provide credit.
It’s unclear as to whether a plan B will be followed keeping the train lines above ground, should the funding for placing them underground no longer be forthcoming.
Meanwhile the Mayor of San Isidro, the Socialist Fernando Morales, has said that he will block the AVE construction in the courts if the Ministry for Development ignores his appeals and makes no changes to the route of the high speed line.
mobile |
email this article |
printer friendly page
del.icio.us |
digg |
technorati |
yahoo |
Stumble It!
Reddit |
Newsvine |
Meneame |
Wikio
Blink |
Google |
Fresqui |
MSN reporters |
Live Spaces
My Space |
Fark |
Mixx |
Twitter
Readers' comments:
Please keep to the subject. Opinions published here are of our visitors, not the Typically Spanish team. Comments which go against Spanish laws or which are libellous are not allowed. We reserve the right to delete any comment we wish.
Por favor, céntrate en el tema. Son las opiniones de los internautas, y no las de Typically Spanish. No está permitido verter comentarios contrarios a las leyes españolas o injuriantes. Reservado el derecho a eliminar los comentarios que consideremos fuera de tema.
Por favor, céntrate en el tema. Son las opiniones de los internautas, y no las de Typically Spanish. No está permitido verter comentarios contrarios a las leyes españolas o injuriantes. Reservado el derecho a eliminar los comentarios que consideremos fuera de tema.









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