The Chunnel is actually the English nickname for The Channel Tunnel.It is a rail tunnel beneath the English Channel at the Straits of Dover. It connects Cheriton in Kent‚ England with Sangatte in northern France. It is the second longest rail tunnel in the world. It took 15‚000 workers over seven years to dig the tunnel. The tunnel was finished in 1994. The completed Chunnel cost about $21 billion. There are three complete tunnels in the Chunnel. The two outside ones are the passenger trains
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Monday 14th of October‚ 2012 1 Contents EXECUTIVE SUMMARY ............................................................................................................................................................... 3 PROJECT A: THE CHANNEL TUNNEL (CHUNNEL) ................................................................................................................... 4 1. 2. 3. PROJECT BACKGROUND.......................................................................................
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Smith‚ 2002). Generally primary stake holders are sponsors‚ equity holders and contractors‚ however in the case of the Chunnel a governing body can also be identified as a primary stake holder. In 1986 the project was awarded to the sponsor‚ Channel Tunnel group/FranceManche (CTG/FM). The CTG/FM was formed as a consortium on the 2nd of July 1985 and consisted of two banks and five construction companies from Britain as well as three banks and five construction companies from France. Eurotunnel is
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Others 7 Works Cited 9 1. Executive summary The Chunnel Tunnel project was initiated to connect via a tunnel France and England. It was among the biggest privately funded infrastructure projects ever. Fifty kilometres long‚ the tunnel extended under the English Channel from France to England. It required the collaboration of two very different government entities‚ with very different policies. The tunnel was designed and built by Trans Manche Link a private group and financed by
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the river no longer carries any sediment or pebbles downstream from the dam. The Chunnel The Chunnel is an undersea railway linking England to France. It is 34.1 miles long crossing the English Channel. The Channel Tunnel possesses the longest undersea portion of any tunnel in the world. The tunnel carries high-speed Eurostar passenger trains. The successful project‚ organized by Eurotunnel‚ began construction in 1988 and opened in 1994. Positive: The Chunnel allows fast and easy transportation
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unbelievable and amazing they were. In today’s world as well as geographical marvels there are grand engineering projects that have opened up new possibilities and changed millions of people’s lives for the better. Technology‚ medical treatments‚ The Channel Tunnel and Robotics are but a few of many that I would consider to be the marvels of today’s world. These wonders make our lives easier‚ more efficient and convenient. We can ’t imagine our lives today without telephones‚ televisions‚ emails‚ cars‚ planes
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Hanna Jurkowska Question 1 Economic inefficiency in the market arises when manufacturers do not supply the required type or quantity of a goods and services on the market which are demanded by consumers and that will lead to Market Failure. We can identify 3 causes of market failure: 1. Restricted Competition – The UK Government investigates and if necessary stops monopolies and mergers‚ cartels and restrictive trade practice‚ because good competition between companies (producers) leads to
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Assignment 2- How technological advances have affected retail and business operations. In this assignment I am going to describe how technological advances have affected retail and business operations in the travel and tourism industry. Advances in Internet and other direct booking One of the largest areas of impact within technological development is the way bookings are mad. Bookings in the Second World War (1939-1945) were really simple to make as airlines and tour operators had charts
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example adding new channel‚ roadshow and Free HD upgrade plus two months free Broadband and Astro Super Pack rebates. On October 2012‚ Astro posted that it will add KBS World HD on Astro Channel 392 starting on 15 October 2012. KB World HD is a Korean TV Channel which will be provided 24 hours by Astro to their customers. The channel provides News and Magazine Shows‚ Cultural and Documentary programmes‚ latest Drama series produced by KBS and Music and Variety Shows. This channel allows the customers
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The purpose of DCF-Valuation is to determine the value of a company in terms of its future cash flows. The cash flows are adjusted with certain items (e.g. those not related to company´s core businesses or those with no cash effect) in order to make sure the flows reflect the actually generated cash as good as possible. This document describes DCF valuation in detail and in our valuation model. If you would like to get an overview of valuation in general or practical examples (numerical and graphical)
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