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RiverLinx Consortium To Build London’s Silvertown Tunnel Project

Infra News - Published on Tue, 11 Jun 2019

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The RiverLinx consortium comprising of Aberdeen Standard Investments, BAM PPP PGGM, Cintra, Macquarie Capital and SK E&C has been named by Transport for London as Preferred Bidder to design, build, finance, operate and maintain the Silvertown tunnel in East London. The contract is worth about GBP 1 billion and includes the design of a 1.4 kilometres twin-bore road tunnel under the River Thames, as well as 0.6-kilometers of access ramps.

The Silvertown project will significantly reduce congestion in and around the neighboring 122 year old Blackwall tunnel. Currently, an estimated one million hours are wasted each year queuing for the Blackwall tunnel.

The new tunnel is the first major road crossing across the River Thames since the QE2 Bridge at Dartford opened in October 1991, and the project will result in a six-fold increase in public transport provision across this area of the River Thames.

This new tunnel will connect the Greenwich peninsula and the Silvertown district.

The appointment follows a competitive bidding process first started by TfL in March 2016, with bidders shortlisted in March 2017 and a final decision in May 2019.

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Posted By : Rabi Wangkhem on Tue, 11 Jun 2019
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