Hybrid funding for Thames Crossing

05 March 2018
 

The proposed new Lower Thames Crossing will be funded directly by Highways England but the link roads will be delivered by private finance, according to the National Infrastructure Commission. “The link roads element of the scheme is expected to use the Private Finance 2 (PF2) regime to cover its up-front capital costs, while the design and build of the tunnel is expected to be funded directly from Highways England capital budget,” says the NIC’s review of the...

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