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| | Guardian Unlimited | Special reports | Will the Channel Tunnel Rail Link restore our faith in the railways? |
 | | As for the Channel Tunnel itself, when it eventually opened (late and with a reduced service) in June 1994, its cost had risen to £10bn from the original £6bn, after endless contractor and financial troubles. |
 | | Today, the tunnel operation remains crippled by debt, while the train line leading to it has only lately (with the 2003 opening of the high-speed leg through Kent) ceased being a source of shame by comparison with the network on the French side. |
 | | A further, and crucial, factor has been that some of the key players in the construction project, including Bechtel, have agreed, in effect, to take on a waiver if there are delays and cost overruns, paying some of the costs themselves: this has concentrated their own minds, and reassured their insurers. |
| www.guardian.co.uk /transport/Story/0,2763,1493487,00.html (2934 words) |
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