European Tribune - Comments - Local Rail Extras I

Local Rail Extras I | 27 comments (27 topical, 0 editorial, 0 hidden)

Two news from my daily news (none / 1)

Estate agents expect a further steady rise of house prices (by about 5%/year) along the currently in-construction fourth subway line in Budapest, and similar development as the one along the last-built section of line 3.
Use of oil money for permanent infrastructure: Lybian capital Tripoli wants to finally build a 100-km subway network, re-activating a design contract from 1983(!) with a Hungarian design bureau. (The design was finished back then, but not paid in full, now they will also have to update it). But Lybia also wants to construct 500,000 homes -- and 1,200 km of highways...

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Wed Jul 18th, 2007 at 09:21:52 AM EST

Re: Two news from my daily news (none / 0)

I was in Tripoli earlier this year looking at the development opportunities.

Absolutely amazing, but you have never come across such a minefield in terms of getting things done....

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Wed Jul 18th, 2007 at 10:14:20 AM EST
[ Parent ]

Re: Two news from my daily news (none / 1)

High risk, high reward. What's not to love?

Can the last politician to go out the revolving door please turn the lights off?

by Migeru (migeru at eurotrib dot com) on Wed Jul 18th, 2007 at 10:16:20 AM EST
[ Parent ]

Local Rail Extras I | 27 comments (27 topical, 0 editorial, 0 hidden)

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