ACS and Ferrovial dispute a tunnel under the Thames in London

  • The project amounts to almost 2,000 million euros
  • They are the only two Spanish groups to have submitted an offer

Ferrovial and ACS compete in the United Kingdom for building a tunnel to East London and under the River Thames, a ‘macro contract’ which will mean enabling a new underground connection between the two parts of the city estimated at 1,700 million pounds (almost 2,000 million euros).

The two Spanish groups are the only ones that, separately, they presented their offers a few days ago to achieve the work to Transport of London, as reported to Europa Press in industry sources.

If the project is successful, the groups chaired by Florentino Pérez and Rafael del Pino will reinforce their presence in the British construction market.

Ferrovial continues with its strategy of selective choice of construction projects in the country, despite Brexit and the provisions it has had to make due to the deterioration registered in the service activity it has in this market.

For its part, ACS competes, through its subsidiary Dragados, for this project after a few weeks ago it was done with the construction of one of the stations of the first high-speed line in the country, the AVE that will link London and Birmingham . This is Euston station, also in the heart of London, budgeted at 1,650 million pounds (about 2,000 million euros).

NEW WAY TO SAVE THE RIVER

The project now at stake consists of building a double tunnel of about 1.4 kilometers in length under the River Thames in the East from the British capital.

Specifically, it will link the so-called Greenwich Peninsula with the Silvertown area and thus enable a new underground route to cross from one part of the two areas of London that separates the river to the other.

It is a work considered by “Significant national relevance” by the UK Government, which seeks to relieve the high congestion presented by the next Blackwall Tunnel, an infrastructure that dates back to the sixties and is currently at maximum capacity.

In addition, it aims to improve connections and the flow of traffic in the city and, consequently, cut the environmental impact of traffic jams and travel times, according to Transport of London.

This British public organ promoter of the work plans to select the winning company for the work this spring with the aim that the works begin at the end of the year or the beginning of 2020 and that the tunnel is thus ready to open to traffic on the horizon of 2024.