Silvertown tunnel project awarded

A consortium made up of Cintra, Aberdeen Standard Investments and Macquarie Capital will build the new Silvertown Tunnel under the River Thames in the UK. The new tunnel is expected to cost £1 billion to construct. The tunnel will link the Greenwich Peninsula on the southern side of the Thames with Silvertown on the northern side. Construction of this new link will help reduce congestion on the existing Blackwall Tunnel, which is notorious for lengthy traffic delays at present. When the tunnel opens, it wil
May 31, 2019 Read time: 1 min

A consortium made up of 930 Cintra, Aberdeen Standard Investments and 2378 Macquarie Capital will build the new Silvertown Tunnel under the River Thames in the UK. The new tunnel is expected to cost £1 billion to construct. The tunnel will link the Greenwich Peninsula on the southern side of the Thames with Silvertown on the northern side. Construction of this new link will help reduce congestion on the existing Blackwall Tunnel, which is notorious for lengthy traffic delays at present. When the tunnel opens, it will lie within the new ultra-low emission zone (ULEZ) which is being expanded in 2021. The new tunnel was originally anticipated to be ready for use in 2023 but is now expected to open to traffic in early 2025.

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August 22, 2019

UK’s Silvertown Tunnel project facing legal dispute

A legal battle is facing the UK’s Silvertown Tunnel project. A consortium called STC and comprising Dragados and Hochtief is presenting a legal case over the project. According to STC, there are issues over the way in which the preferred bidder for the work has been selected. The work is for a new tunnel under the River Thames in the east of London. The project is expected to cost £1 billion. The Riverlinx consortium is currently the preferred bidder. Building the tunnel will help reduce congestion. The
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