Soaring costs undermine München maglev

first_imgGERMANY: Citing severe cost escalation, German Federal Transport Minister Wolfgang Tiefensee joined the President of Bayern Günther Beckstein at a meeting on March 27 to discuss the future of the proposed Transrapid link from Franz-Josef Strauss airport to München Hauptbahnhof (RG 10.07 p591). The meeting concluded with an agreement to terminate the project on the grounds that the projected construction cost of €1·85bn, announced last September when the funding package was put in place, had already increased to more than €3bn.A statement released by the Federal Transport Ministry explained that examination of the tunnelling and earthworks required had necessitated a near-doubling of the budget between the planning stage and the granting of final authorisation for work to proceed. An agreement to reduce the scope of the project to bring it back in line with the agreed funding limits could not be reached, it added. Neither the Land nor the federal government are prepared to commit further funds to the project having already pledged €490m and €925m respectively. The 37 km line was to have been built as a joint venture between DB and the GSV consortium, which included Siemens, ThyssenKrupp, Hochtief, Max Bögl and Bilfinger Berger.last_img read more

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Argos Use Two Late Goals to Snag 2-2 Tie Against UWA

first_imgElsewhere in GSC action, Mississippi College secured the top spot in the conference with a 0-0 tie against Shorter. UWF remains in a tie for second place with Shorter at 5-1-2 in GSC play. The Hawks conclude GSC play with Lee on Friday. Full Schedule Roster Live Stats PENSACOLA, Fla. – Gavin Gillies and Kameron Bethell each posted a goal within the final four minutes to erase West Alabama’s 2-0 lead and allow for the University of West Florida men’s soccer team to earn a point against the two-time defending Gulf South Conference Champions on Sunday afternoon at the UWF Soccer Complex. West Alabama (9-5-1, 5-2-1 GSC) took a 1-0 lead into half with a 34th minute goal. West Alabama seemed to have the game locked down in the 83rd minute when it added an insurance goal. However just under four minutes later, Shawn Sanon provided a cross into the box that allowed Isaiah Lopez to get a shot off, but with UWA goalkeeper Brad Louis making the save, Gillies was able to corral the rebounded ball and put it into the back of the net to make things interesting in the late stages of the match. The teams battled for 20 minutes over the course of two overtime periods, but the game would eventually end in a 2-2 tie. UWF outshot UWA 4-2 in overtime. Preview Next Game:center_img After UWF (6-5-2, 5-1-2 GSC) drew a foul inside the box with only 28 seconds remaining, Bethell was called upon to take the penalty kick and converted to push the game into overtime. For information on all UWF athletics, visit GoArgos.com Print Friendly Version UWF has now extended its unbeaten streak to five games, its longest streak since opening last season with five-straight wins. Phil D’Amico recorded two saves in the second overtime period and three in the match to preserve the tie. BOX SCORE The Argonauts will Auburn-Montgomery on Thursday and Spring Hill on Saturday to conclude the regular season.  at Auburn-Montgomery 10/27/2016 – 3:30 pmlast_img read more

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