Do Public Works Projects Have to be so Slow?
"China is set to build 70 international airports in ten years, while Britain prevaricated on a single runway." ( Tony Blair, a utobiography ) The legacy countries of what used to be called the industrialized world seems to have a terrible time getting major public works projects done: A brand-new $6 billion Berlin airport is sitting idle for $16 million every month because it hasn't been able to pass the fire protection inspections since its completion date in 2012(!), six years after ground-breaking. Berlin: For five years a complete airport without people and planes The Second Avenue in New York was so long in the making with so many stops and starts that one doesn't even know what to count as the begin of construction. The first phase got completed now, but with a cost of $ 2.7 billion per mile of rail people wonder if the second phase that is slated to cost $ billion will ever be built. Baltimore's Red Line light trail project was estimated to cost nea...