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Discussion (24 Comments)Read Original on HackerNews
The website suggests the tunnel will cost 260m euros, how can that possibly be true?
I don't really think the US would spend their entire 1.75tn budget on a tunnel
> The income from this new tunnel is expected to fund the next tunnel projects on the Faroe Islands.
Which seems like something of a rosy description. I tend to agree that this is going to require heavy subsidies. But back of the envelope:
- The "whole tunnel project", involving multiple tunnels, is estimated at 260m euros.
- One transit one way across the most expensive tunnel is estimated at 10 euros. The tunnels aren't very long, so taking a trip through one is not arduous.
- The project's costs of construction could be covered if every one of the ~50k residents crossed that tunnel 5,000 times. That's about 14 times a day over one year, or twice a day over 7 years. A 7-year payback time doesn't seem that bad.
- The problems in that estimate are:
-- Not everyone is going to use the big tunnel. Most of the population has no need to cross that route; they'll use cheaper tunnels or stay on their own island...
-- ...or they'll ride as a passenger in someone else's car. It's unrealistic to expect every resident, down to the babies, to pay for their own independent set of tunnel crossings.
-- The tunnels also need to cover the cost of their own maintenance. Maintenance on undersea projects gets tricky.
This tunnel was fine, a novelty on a relatively long drive. The natural scenery was wonderful.
</crotchety_old_man>
https://www.ssl.fo/en/timetable/bus/450-torshavn-eysturoy-je...