Portuguese high-speed cost falls 40%

摘要

The cost of building Portugal's first high-speed line has plummeted 40% according to high-speed authority Rave, which says the Poceirao - Caia line will now be constructed at a price €900 million below the €2.26 billion previously envisaged.rnRave attributes the savings to a better series of studies, carried out using new land mapping technology, which resulted in stronger competition between bidders. Land costs were also less than expected, and savings in energy consumption through relocation of electrical substations has been factored into the new cost of €1.36 billion.