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#301 | |
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sensational
Join Date: Aug 2006
Location: Budapest/Szentendre/Lund
Posts: 7,067
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"Vanity, definitely my favorite sin..." - The Devil's Advocate |
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#302 | ||||
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Registered User
Join Date: Jun 2008
Location: Ragusa-Manchester
Posts: 1,000
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1. Have already the infrastructures to support/complete those tunnels 2. Have a population/users that justify those projects. 3. Have an economy that can afford to invest in something that in the long run will pay back the effort. Gotthard Base Tunnel: Switzerland-(Northern Italy) Channel Tunnel: France-Great Brittain Brenner Base Tunnel: Northern Italy-Austria-(Germany) Messina Bridge: Sicily-Calabria..........= Southern Italy I think the names of the countries above speak for themselves. Quote:
1. Was completed after the programmed finishing date. 2. Every time ratio money/year has increased. 3. Even if it stays the same (no chance to decrease), it is still suicidal (economically). Quote:
The Akashi-Kaikyo has only 3 road lanes (it's still a great bridge), this bridge will have 6 road lanes (4+2) and 2 railway tracks! Quote:
I always said: Sicily/Italy CAN NOT AFFORD IT.
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We do not inherit the earth from our ancestors we borrow it from our children. |
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#303 | |
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Registered User
Join Date: Dec 2008
Posts: 1,907
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#304 | ||||
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Registered User
Join Date: Dec 2008
Posts: 1,907
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#305 | |
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Administrateur
Join Date: Mar 2004
Posts: 9,773
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Quote:
http://www.aveyronweb.com/images/viaducverrieres.jpg
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#306 |
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******
Join Date: Sep 2003
Location: vienna
Posts: 839
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#307 | |
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Registered User
Join Date: Dec 2008
Posts: 1,907
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i think it can |
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#308 | |
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Registered User
Join Date: Mar 2008
Location: Mailand-am-labren
Posts: 3,021
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By the way part of the cost will be covered by the private consortium (I think 40%) which will repay the investment through the bridge transit payments So the state and the community will spend less than 6 billion €...which is anyway a fraction of what we spent in 10 years over the HSR lines (we spent 35 billion € in little more than 10 years) The question is: those billions are best spent on the bridge? maybe not. But it is a fascinating project...at this point I am for it
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L'Italia è una espressione geografica - Metternich Un italiano una brava persona, due italiani un litigio, 3 italiani 3 partiti politici - Churchill Gli italiani perdono le partite di calcio come se fossero delle guerre e le guerre come se fossero delle partite di calcio - sempre quel simpaticone di Churchill ignore list: Panico09 e Fly-high |
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#309 | |
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******
Join Date: Sep 2003
Location: vienna
Posts: 839
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and show me where then the money is coming from for the necessary public traffic infrastructure in sicily and calabria. those investments are urgent. and then show me which business man will be mad enough to invest hundrets of millions of € or even billions in a bridge which will according to official announcments repay itself over the next 60 years. and those are the official figures. so in reality it will take even more than that. which means that the investors most probably wont even see their money back within their lifetime. well, i can only guess which sort of private investors will thankfully invest in that bridge... |
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#310 | |
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Registered User
Join Date: Mar 2008
Location: Mailand-am-labren
Posts: 3,021
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Quote:
It's called Project Financing
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L'Italia è una espressione geografica - Metternich Un italiano una brava persona, due italiani un litigio, 3 italiani 3 partiti politici - Churchill Gli italiani perdono le partite di calcio come se fossero delle guerre e le guerre come se fossero delle partite di calcio - sempre quel simpaticone di Churchill ignore list: Panico09 e Fly-high |
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#311 | |
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******
Join Date: Sep 2003
Location: vienna
Posts: 839
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how believable is that? no construction firm on this planet has the cash, especially within this economic enviroment with this severe real estate crises, to invest billions of euros into a bridge which repay itself over 60 years. |
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#312 | |
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Registered User
Join Date: Apr 2007
Location: The Hague
Posts: 2,629
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En trouwens, wie wil er ondergronds rijden als je door Netkousviaducten langs wolkenkrabbers kan zoeven! -Slagathor |
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#313 | |
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******
Join Date: Sep 2003
Location: vienna
Posts: 839
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they wont finance a more than 6 billion € bridge which officially refinance itself within 60 years. in my opinion this is a story the politicians told the public to keep them quiet. this bridge is a political present for whoever ... i don't know, i can only guess. but i would bet some of my money that in the end tax money will flow and pay the bills. |
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#314 |
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Registered User
Join Date: Mar 2008
Location: Mailand-am-labren
Posts: 3,021
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[QUOTE=michaelII;46026039]what? so impreglio is practically doing everything ... they are designing, building and even financing this bridge?
how believable is that? no construction firm on this planet has the cash, especially within this economic enviroment with this severe real estate crises, to invest billions of euros into a bridge which repay itself over 60 years.[/QUOTE] It's PF, used all over the world. In reality they do not pay in "cash" the construction but in "nature": ie their own construction works. It is not of course the total cost of the bridge, I do not remember the exact amount but it shall be about 40% of the total cost which will be sustained by Impregilo and the other parters Than after the bridge is built they start getting payments for 60 years...no one said it will take that long to return of the investment of 40% of the cost (which includes their margins). It may take much less, depending on the traffic. It's just financial stuff
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L'Italia è una espressione geografica - Metternich Un italiano una brava persona, due italiani un litigio, 3 italiani 3 partiti politici - Churchill Gli italiani perdono le partite di calcio come se fossero delle guerre e le guerre come se fossero delle partite di calcio - sempre quel simpaticone di Churchill ignore list: Panico09 e Fly-high |
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#315 | |
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Registered User
Join Date: Mar 2008
Location: Mailand-am-labren
Posts: 3,021
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Quote:
again, it's the wonderful world of finance
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L'Italia è una espressione geografica - Metternich Un italiano una brava persona, due italiani un litigio, 3 italiani 3 partiti politici - Churchill Gli italiani perdono le partite di calcio come se fossero delle guerre e le guerre come se fossero delle partite di calcio - sempre quel simpaticone di Churchill ignore list: Panico09 e Fly-high |
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#316 | |
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******
Join Date: Sep 2003
Location: vienna
Posts: 839
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so 40% of the costs will be about 3 billion euros, maybe more. so if you cut the profit they calculated they will have to spend at least 2 billion probably a lot more. to pay in nature is something which doesn't work if you have to pay for your staff and your materials and all the rest. before the first car can cross that bridge years and years will pass. and when the bridge will finally be ready the running costs of this highly fragile and complicated bridge will be very high. the traffic volume south of naples isn't very high. the economic strength neither. so it will take decades to refinance those investmens. already the ferry's produce debts. and official sources assume a break even 60 years from now. 60 years! and that's only a guess. noone knows what will happen in those 60 years and how the traffic will change. so that's nothing more than a number. nothing to base an investment on. so in a situation where the real estate market implodes (impregilo lost more than the half of their profits. 70% if i remember it right.) and the construction business struggles to survive ... impregilo leaves it's basic workfield to spend their whole annual revenue into a project of a notoriously unprofitable business sector which will be finished years from now and maybe will make some small profit if they are lucky 10 years from now. which infrastructure project is a cash cow anyway? the tunnel between england and france for example wasn't. and a bridge between reggio and messina doesn't sound like one too. my guess is that a lot of "private business man" will discharge their offshore accounts and use their money of unknown origin to white wash it with this bridge. and the law which was recently passed or will be passed by the berlusconi government which gives in some ways amnesia to money of unknown origin fits quite well into this picture. you know that sometimes politicians have to give a favour to the people who will repay it them with votes and other favours. and actually it was only berlusconi who wanted this bridge. and actually it is berlusconi who is notoriously linked with some of those local "private business men" with a lot of cash, probably bunkered on offshore accounts waiting to whitewash it. and the state will repay them their investments via trenitalia or something else. Last edited by michaelII; November 12th, 2009 at 09:48 AM. |
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#317 |
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Registered User
Join Date: Aug 2008
Posts: 250
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As an Italian citizen, I ought to say that majority of people support this project, which have been on the table for decades! We don't want to be separated by a creepy and slow ferry service from our loved island.
Like always, opposition to big infrastructure projects (the HS rail main axis which will open Dec 13th being a quintessential example) come from: 1. People directly negatively affected by the project, like unions from ferry companies. 2. BANANAs and NIMBYS who wish Southern Italy were still a malaria-plagued, no running-water, widespread malnoursihd children (like in the aftermath of WW2) place so it would look more "natural" or "sustainable". 3. Vested interests in ferry transport. Technically speaking there have been, elsewhere, a lot of bridge construction over fault earthquake zone. Japan was an example, Lisbon would be another. The cost is a fraction of what has been spent in building the Torino-Salerno high speed rail. Together with retification and modernization of A3 highway (which, albeit slow, is progressing - so far more than 61% of it have already been renovated and opened for traffic), it will be a major accomplishment not only for Italy, but also for Europe. For those who argue that Italy cannot afford any major infrastructure project before all urban problems are solved, I'd like to aks how would you like our country to look like? No freeways, no high speed rail, no new urban development, no new seaports... anything? Should we still been using the Roman-age roads? Italy has its fair share of "local" problems eveywhere (as most Western European countries have also), but it should not stop us for building the things that generates jobs, income, and growht. Indeed, it is a SHAME that such a close island is still detached from mainland! 5,6 million people live in Sicily, and they will be hugely benefited by this bridge - just look at what happened at Prince Edward Island, a much less populated and further into the ocean island in Canada which was finally linked to mainland in 1993. We, Italians, built a freeway network that was the most impressive in Europe until the 1970's. When NATM or shields were on their early ages, we were digging through Autostrada dei Fiori (Genova - Nice) or the Appenines (A1). Then (I cannot yet believe it), some leftist politicians vowed to pass a law forbiding any new freeway construction in 1974 (improvements, bypasses, conclusion of already scheduled works and lane expansion were not prohibited), which was repaled only en 1992. Together with France and Switzerland, we escavated Frejus, Monte Bianco (Mont Blanc) and St. Bernard Tunnels! The Ponte sul Stretto is our opportunity to catch up with impressive viaducts French are building, expansion of Autobahns, massive Swiss tunnels and so on.
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Cars brought ultimate freedom of movement, regardless of timetables, strikes, bureaucratic-predefined routes and unwanted personal and physical contact with strangers. Let's not blame them, let's not overtax them, let's fuel them with ethanol, let's make them more efficient, let's not look after their owners as a first-source of income for subsidized and unable-to-fund-themselves transit systems. |
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