Country’s state-owned railway builder claims it can complete the rail link cheaper and faster
Britain is in talks with China over giving Beijing’s state-owned railway builder a role in constructing the troubled HS2 high-speed link. The China Railway Construction Corporation (CRCC) has said it can build the line in just five years at a much lower cost than is currently forecast, according to the Financial Times.
Department for Transport (DfT) officials confirmed “preliminary discussions” had taken place between CCRC and HS2 Ltd, but said no “concrete commitments” had been made. “The DfT is always keen to learn from the experience of others and to consider approaches that offer value for money to the taxpayer,” one official said.