Southern train project funds are coming from Madrid after all

Update 9 July 2012: It might be late, but it’s coming, apparently – at least the project is. Madrid has finally come up with the 8 million Euros for the technical project to be drawn up, with 3 million being paid this year, and the remaining 5 in 2013. The confirmation was given by Tenerife Cabildo councillor for Economía y Competitividad, Carlos Alonso, who clarified that the agreement will now be processed by the Public Works Department. He added that the delay in confirming the monies will, in effect, only add six months on to the original estimates, and that the critical point was the environmental impact statement which is still awaited from the Canarian Government’s Environment Dept.   ... Read more...