London’s transportation authority has secured approval to go ahead with design, build, finance and maintain project for a 1.4 km twin highway tunnel under the River Thames between Greenwich and Silvertown.
Transport for London aims to selected the preferred bidder from a shortlist of only two this year aiming to start construction during 2019.
Spain’s Cintra Global Ltd., Hochtief PPP Solutions GmbH,. Germany, and a joint venture of Skanska and Strabag made it to the shortlist last year. However the Skanska team later withdrew.