Archive for the ‘infrastructure’ Category

$10 billion in private $ for a highway tunnel!

01/28/2008

“It would be the world’s longest highway tunnel, running more than 16 miles under Long Island Sound for travelers going between Long Island and New England.

The cost is estimated at $10 billion — and it wouldn’t cost taxpayers a dime. A developer wants to build the tunnel with private money, recouping his costs by charging drivers $25 each way and by selling advertising.” More…

Let’s see, $10 billion divided by 25…. He’ll need 40,000,000 cars to break even. (Except for what he’ll make from the ads; plus he’ll have additional expenses.) Sound like a lot of cars? The developer expects 80,000 vehicles a day to use the tunnel, if he’s right, then in just 1,000 days he gets back his 10 billion!

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