UK's high-speed rail (HS2) lining up a Chinese company
Infrastructure is top priority policy in the UK at the moment. Since the General Election in Dec-2019, apparently all that occupies Prime Minister Johnson's thoughts is ditching "austerity" (which has been around since 2008) and embracing instead a policy of rampant investment into infrastructure. That appears to be one of the reasons that a more cautious Chancellor of the Exchequer, Sajid Javid, resigned.
A much-needed part of that infrastructure is the delayed high-speed rail (HS2) project to connect London with the Midlands and the North of England. The first part of the project has been quickly approved, although questions remain about the sections that follow. It seems that a Chinese company has approached the government, promising to build the HS2 faster and cheaper, and with faster trains.
If such a scenario were to emerge, does that mean that Chinese interests might pitch to build the even more delayed third runway at Heathrow Airport? They already have interests at two UK airports, including Heathrow.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.