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US and Russia companies renew plans for tunnel - 4/27/2007 1:59:51 AM   
cyberdude611


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Backers Make Push for Russia-U.S. Tunnel
Tuesday April 24, 2:05 pm ET
By Alex Nicholson, AP Business Writer



A Tunnel Under the Bering Strait? -- Russian, U.S. Backers Make a New Push for an Old Idea

MOSCOW (AP) -- For more than a century, entrepreneurs and engineers have dreamed of building a tunnel connecting the eastern and western hemispheres under the Bering Strait -- only to be brought up short by war, revolution and politics.

Now die-hard supporters are renewing their push for the audacious plan -- a $65 billion highway project that would link two of the world's most inhospitable regions by burrowing under a stretch of water connecting the Pacific with the Arctic ocean.

Russians and Americans alike made their pitch for the project at a conference titled "Megaprojects of Russia's East," held Tuesday in Moscow.
"It's time to the rewrite the old slogan 'Workers of the world unite!'" said Walter Hickel, a former Alaska governor and interior secretary under President Richard Nixon. "It's time to proclaim, 'Workers - Unite the world!'"

A Russian economics ministry official tossed cold water on the idea, saying he wanted to know who planned to pay the mammoth bill for the project before seriously discussing it. But Hickel was unfazed in his speech, saying the route would unlock hitherto untapped natural resources -- and bolster the economies of both Alaska and Russia's Far East.

The proposed 68-mile tunnel would be the longest in the world. It would also be the linchpin for a 3,700-mile railroad line stretching from Yakutsk -- the capital of a gold- and mineral-rich Siberian region roughly the size of India -- through extreme northeastern Russia, in waters up to 180 feet deep and into the western coast of Alaska. Winter temperatures there routinely hit minus 94 F.

By comparison, the undersea tunnel that is currently the world's longest -- the Chunnel, linking Britain and France -- is only 30 miles long.
That raises the prospect of some tantalizingly exotic routes -- train riders could catch the London-Moscow-Washington express, conference organizers suggested.

Lobbyists claimed the project is guaranteed to turn a profit after 30 years. As crews construct the road and rail link, they said, the workers would also build oil and gas pipelines and lay electricity and fiber-optic cables. Trains would whisk cargos at up to 60 mph 260 feet beneath the seabed.
Eventually, 3 percent of the world's cargo could move along the route, organizers hope.

Maxim Bystrov, deputy head of the federal agency for managing Special Economic Zones, injected a note of sobriety to the heady talk of linking East and West by road and rail. He said his ministry would invest in the project only when private investors said they were committed to building it.
"As a ministry employee I am used to working with figures and used to working with projects that have an economic and financial base," Bystrov said. "The word 'prozhekt' has a negative meaning in Russian. I want this 'prozhekt' to turn into a 'project.'"

The idea has a long history. Russia's last czar, Nicholas II, twice approved the implementation of a similar plan, perhaps eying the gold- and oil-rich territory that the Russian Imperial government had sold to the United States just before the turn of the 20th century.
The First World War and the Bolshevik Revolution doomed both attempts.

Despite the allure, there were signs Tuesday that there is no light at the end of this particular tunnel. A top economic adviser to President Vladimir Putin, as well as the Russian railway minister, who had been billed to speak, pulled out at the last minute.

The feasibility study alone would cost $120 million and would take two years to complete, organizers said. Actual construction of the road-rail-pipeline-cable effort could take up to 20 years.

Still, Vladimir Brezhnev, president of Russian construction conglomerate Transstroi, said that the technology to tackle the construction work already existed.
"Perhaps not all of us will be involved in this," he told conference participants. "But as an engineer I wish I could be."
A statement adopted at the conference Tuesday called on the governments of Russia, the United States, Japan, China and the European Union to endorse the tunnel as part of their economic development strategies. It urged government officials to raise the issue at the G-8 summit in Germany in June.

George Koumal, president of the Interhemispheric Bering Strait Tunnel and Railroad Group -- the noncommercial organization pushing for the project -- said that while many have seen England from France and vice versa across the Channel, there is little communication between the people living on either side of the Bering Strait.
"There are very few people who have stood on the beach in Alaska," he said. "Seemingly you can stretch out your hand and touch Mother Russia."

http://biz.yahoo.com/ap/070424/russia_tunnel_to_somewhere.html?printer=1
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RE: US and Russia companies renew plans for tunnel - 4/27/2007 6:15:43 AM   
pahunkboy


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if this indeed would handle 3% of global trade- the investmment would pay off.

we got lucky that Seward bought Alaska from the Russians.

(in reply to cyberdude611)
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RE: US and Russia companies renew plans for tunnel - 4/27/2007 6:36:50 AM   
LadyEllen


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What an exciting project!

But given the financial problems of the Channel Tunnel - debt has had to be restructured several times now, I suspect this is a pipe dream more than anything else.

Add to that, that the enormous numbers of illegal immigrants from central Asia who currently find their way to the UK through the Chunnel, might turn their attentions to a similar means of entry to the US through the tunnel and its a non starter politically.

Mind you, it would mean work for cartographers reprinting many maps, as the Bering Straits give way to the Dire Straits.

E

_____________________________

In a test against the leading brand, 9 out of 10 participants couldnt tell the difference. Dumbasses.

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RE: US and Russia companies renew plans for tunnel - 4/27/2007 9:05:32 AM   
servantforuse


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With a cost estimate of 65 billion, which would easily double, this project will never happen. The cost is to much for either Country.

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RE: US and Russia companies renew plans for tunnel - 4/27/2007 10:55:16 AM   
seeksfemslave


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If ever it were built what a fantastic achievement. it would be, as is the Channel Tunnel.

Never mind the massive machines required to build these things, how they manage to make them so accurate and meet in the middle  mystifies me.

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RE: US and Russia companies renew plans for tunnel - 4/27/2007 11:00:02 AM   
pahunkboy


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i doubt the project will get done.

we cant so much as maintain our electrical grid- we are pirvatising interstate highways.

if it were truly cost effective- teh corporations would be on it....

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RE: US and Russia companies renew plans for tunnel - 4/27/2007 11:27:34 AM   
Koja


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People underestimate the Russians. Foreign investment from Russia in the rest of the world is up to 13 billion this year... from 1 billion. They have enormous oil and gas reserves, as well as a link to Ukraine's steel industry. If not for the glaring inefficiencies from transition, they'd be a powerhouse. Something like this has motive, too; the more contact they have with the outside world, the more likely their economy will lose its post-soviet eccentricities. Do a regression, and you'll see much more gain to Russia's economy from trade than the value of trade. If that trade were a two way street, oil for consumer goods... The benefits to both sides would be massive.

Heck, if that figure on the cost is correct... Abramovich, the oligarch, could cover one-third of the cost on his own out of pocket (and legal) assets. God knows how the small the fraction fraction of oil assets would be. Not to mention the value to the US as a whole from a certain supply of resources. Projects like this would be accomplished if not for politics.

The reason people aren't jumping on this isnt the utility, it's the uncertainty. Russia's got a lot of problems, and American investors have a reputation for causing self-fulfilling investment prophecies. Noone wants to invest in a project that could be torpedoed due to policy constraints, or investors flocking away in droves.

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RE: US and Russia companies renew plans for tunnel - 4/27/2007 3:13:13 PM   
popeye1250


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Fine as long as no U.S. Taxpayer Dollars are involved.
Look at Ted Kennedy's "Big Dig" in Boston.
That was supposed to cost $5 B but it's up to close to $15B now and it's a POS!
Giant tiles have fallen off the tunnels and killed one lady, the other tunnels leak bigtime.

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RE: US and Russia companies renew plans for tunnel - 4/27/2007 3:33:22 PM   
cyberdude611


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quote:

ORIGINAL: popeye1250

Fine as long as no U.S. Taxpayer Dollars are involved.
Look at Ted Kennedy's "Big Dig" in Boston.
That was supposed to cost $5 B but it's up to close to $15B now and it's a POS!
Giant tiles have fallen off the tunnels and killed one lady, the other tunnels leak bigtime.


It would significantly lift the economies of eastern Russia, Alaska, and Canada. And it would bring Russia closer to the west politically and economically. The amount of untapped gold, oil, and natural gas between Siberia and Alaska is enormous.

Cost of course is the problem. That's why supporters are trying to get other countries involved like Canada, China, Japan, and the EU. A tunnel there would benefit the entrie global economy and open trading routes between east Asia and North America that are currently impossible or unrealistic.

< Message edited by cyberdude611 -- 4/27/2007 3:34:15 PM >

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