THE CHANNEL TUNNEL ECONOMIC AND FINANCIAL STUDIES
The Channel Tunnel is to open in 1980. This report summarizes in non-technical language the revenues and expenditures which will determine the financial feasibility of the tunnel, Models of passenger behavior were devised based on detailed surveys of origins and destinations of both British and Continental travelers, especially of holidaymakers, and the split between those who take cars along and those who do not. Freight surveys, by product and country, show 4.5 million tons as probably using the Tunnel in 1980. The tariffs set will have some effect on the levels of usage; tunnel tolls are expected to be 10 to 20 per cent lower than the ferry tolls. 5 to 8 per cent inflation was assumed. The studies indicate a profit for the tunnel, even with the lower growth rate for the GNP.
- Note: The tunnel project was abandoned in January 1975.
Coopers & Lybrand,
Setec-Economie92 Courbevoie, France
- Publication Date: 1973-6
- Features: Figures; Tables;
- Pagination: 63 p.
- TRT Terms: Channels (Waterways); Costs; Financing; Foreign; Freight traffic; Freight transportation; Gross national product; International trade; Origin and destination; Passenger transportation; Passengers; Research projects; Tariffs; Toll tunnels; Transportation planning; Tunnels
- Identifier Terms: British Rail; Societe nationale des chemins de fer francais
- Uncontrolled Terms: Cost data
- Subject Areas: Bridges and other structures; Economics; Finance; Freight Transportation; Highways; Passenger Transportation; Railroads; Research; Society;
- Accession Number: 00072087
- Record Type: Publication
- Source Agency: Transportation Systems Center
- Files: TRIS
- Created Date: Aug 13 1975 12:00AM