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by dagw
814 days ago
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outlandishly expensive infrastructure projects are in the US As someone in Europe I wonder where this notion comes from. Just about every major (and several minor) infrastructure project I can remember in my lifetime, in any of the European cities I've live in, has been both late and wildly over budget |
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In comparison, in the US and Canada big projects are absurd. Take the Second Avenue Subway in New York - it's projected to cost $6 billion for 2.4km of track (no, that's not a typo, 2.4 km of track, really).
The California HSR is costing multiple times what similar projects in other countries cost (estimated to cost upwards of $100 billion, up from the original estimate of $40 billion for the first phase of 840 km; the Turin - Lyon high speed railway in more challenging terrain, including the longest rail tunnel in the world, is projected to cost around 25 billion euros for 270km, 1/4 of the price for 1/3 of the distance).
In fact there are lots of people and publications trying to understand why costs in US and Canada are so absurd compared to anywhere else in the world:
https://www.vice.com/en/article/k7b5mn/a-dollar100-billion-l...
https://www.vox.com/22534714/rail-roads-infrastructure-costs...
https://www.npr.org/2023/06/26/1184420745/why-building-publi...
https://www.marketplace.org/2022/03/28/why-does-transit-infr...
https://www.youtube.com/watch?v=Zzcy7Usw8y8