The Abu Dhabi Investment Authority (ADIA) is a member of a consortium looking to buy the British high-speed Channel Tunnel rail link, it emerged yesterday.
According to reports in the UK media, ADIA has joined forces with British infrastructure investment funds to take part in the auction of High Speed 1, which owns the railway stations and track connecting London with the Channel Tunnel to France.
The project has been earmarked for privatisation by successive UK governments and was recently confirmed for sale by the UK’s coalition administration. The price tag is reported to be between �1.5 billion (Dh8.64bn) and �2bn."
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