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US News Chinese company in 'preliminary' talks to build HS2

04:26  15 february  2020
04:26  15 february  2020 Source:   news.sky.com

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The company has claimed it can save the government “tens of billions” of pounds by taking on the HS 2 project and building it within five years. In a letter to Mark Thurston, chief executive of HS 2 Ltd CRCC offered to use its expertise to build the line between London, Birmingham, Manchester and Leeds

Britain is in talks with China over giving Beijing’s state-owned railway builder a role in constructing the troubled HS 2 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

(Video by Press Association)

A Chinese railway company could be about to take over construction of the troubled HS2 rail link.

The British government is in talks with the China Railway Construction Corporation, which has said it can build the line in just five years at a much lower cost.

a close up of a sign: HS2 is not expected to be completed until 2040 but a Chinese company says it can do better © Imagebridge HS2 is not expected to be completed until 2040 but a Chinese company says it can do better

In a letter reported in Building Magazine but seen by the Financial Times, CCRC wrote to HS2 Ltd's chief executive saying: "We are certain that we can offer a cost that is significantly lower than the projections we have seen.

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China has offered to build a cheaper, faster HS 2 service in just five years, it was reported last night. British officials are in talks with Chinese counterparts about getting the high-speed rail project The Department for Transport confirmed preliminary discussions were under way between HS 2 and the

The China Railway Construction Corporation (CRCC) has said it can build the line in just five years at a Related video: Boris Johnson gives 'green signal' to HS 2 project. Britain in talks with China over offer Performers taking part in a parade involving costumes, lion dances and floats, during Chinese

"The advantages are too great, in our opinion, too great to dismiss on the basis that there are obstacles to overcome.

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"You will find that the Chinese way is to seek solutions, not linger on obstacles and difficulties."

The Department for Transport confirmed to Sky News that the two sides had been in "preliminary discussions on opportunities but no concrete commitments have been made".

Britain's Prime Minister Boris Johnson listens during a visit to Curzon Street railway station where the High Speed 2 (HS2) rail project is under construction, in Birmingham, Britain February 11, 2020. REUTERS/Eddie Keogh/Pool © Thomson Reuters Britain's Prime Minister Boris Johnson listens during a visit to Curzon Street railway station where the High Speed 2 (HS2) rail project is under construction, in Birmingham, Britain February 11, 2020. REUTERS/Eddie Keogh/Pool

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UK government in talks with China Railway Construction Corporation. Britain is in talks with China about putting its troubled high-speed railway back on track after Beijing claimed it could build the line in only Last April, HS 2 said that Mr Thurston had met with representatives of the Chinese rail industry.

High Speed 2 ( HS 2 ) is a partly planned high speed railway in the United Kingdom with its first phase in the early stages of construction, the second phase yet to receive full approval and the third subject to

The Chinese company has built most of the country's 15,500-mile high-speed network but dealing with property rights, lobby groups and protected landscapes will be a different task.

a close up of a map: HS2 will run from London to the West Midlands and then towards Leeds and Manchester © Other HS2 will run from London to the West Midlands and then towards Leeds and Manchester

Last month, Prime Minister Boris Johnson upset many of his own MPs and US President Donald Trump when he announced Chinese tech firm Huawei would be allowed to supply equipment for Britain's 5G mobile network.

Mr Johnson agreed HS2 should go ahead just days ago, despite a review warning that it could cost more than £100bn - far above the budget of £62bn.

a group of people standing next to a train: The China Railway Construction Corporation is also involved in the Lagos-Ibadan railway in Nigeria © Getty The China Railway Construction Corporation is also involved in the Lagos-Ibadan railway in Nigeria

He said at the time that the firm handling construction has not "distinguished itself" but that "poor management has not detracted from the fundamental value" of the plan.

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China holding talks with the UK about constructing HS 2 is among Saturday's front-page stories. Image caption The UK is in talks with China about the construction of HS 2 after Beijing claimed it could build the high-speed railway line in just five years, reports the Financial Times.

Chancellor George Osborne has urged Chinese investors to bid for contracts to build HS 2 as he opened the bidding process for the high-speed rail line. The Chancellor George Osborne is asking Chinese companies to bid for contracts on Britain's High Speed 2 rail line. They are worth nearly £

He confirmed work on Phase One - which runs from London Euston to Birmingham - and Phase 2a - an extension to Crewe - would continue "on something approaching time and budget".

Construction site for the HS2 mainline station at Curzon Street on 13th February 2020 in Birmingham, England, United Kingdom. The Curzon Street Masterplan covers a 141 hectare area of regeneration, focussed on HS2 Curzon Street station in Birmingham city centre, combined with approximately 700 million in investment into the surrounding area including new homes and commercial developments. High Speed 2 is a partly planned high speed railway in the United Kingdom with its first phase in the early stages of construction, the second phase is yet to receive full approval and the third is subject to merging with Northern Powerhouse Rail, a separate project. (photo by Mike Kemp/In Pictures via Getty Images) © Mike Kemp Construction site for the HS2 mainline station at Curzon Street on 13th February 2020 in Birmingham, England, United Kingdom. The Curzon Street Masterplan covers a 141 hectare area of regeneration, focussed on HS2 Curzon Street station in Birmingham city centre, combined with approximately 700 million in investment into the surrounding area including new homes and commercial developments. High Speed 2 is a partly planned high speed railway in the United Kingdom with its first phase in the early stages of construction, the second phase is yet to receive full approval and the third is subject to merging with Northern Powerhouse Rail, a separate project. (photo by Mike Kemp/In Pictures via Getty Images)

Phase 2b - which runs to Manchester and north east to Leeds - will be put under review and subsumed into the current "Northern powerhouse" rail project.

The line is not due to be completed until 2040, although Mr Johnson has said he wants to move this forward to 2035.

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