Rising cost of the tunnel
August 26th, 2008 at 3:33pm |
The latest detail to emerge is that in order to build the East West road tunnel, we first need to compensate the owners of the Citylink toll road for lost revenue. The estimate? $100 million. These ‘no compete’ guarantees of up to 30 years are common with toll roads. If the [...]
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Authorised by Greg Barber, 377 Little Bourke Street, Melbourne.