1. Channel Tunnel (the Chunnel)
By: Adrian Rollins
Megaprojects can change the way we live, but they also have a habit of running over budget and over time, every time. Here are nine infrastructure megaprojects that tried to change the world … and caused more than a few headaches along the way.
Location: Runs between Folkestone in Kent, in the UK, and Coquelles, Pas-de-Calais, France
Purpose: To connect England by land with the European continent
Responsible entity: Eurotunnel
Projected cost: A$3.85 billion
Actual cost: A$6.82 billion
Projected completion date: 1993
Actual completion date: 1994
Project end result: It took 20 per cent longer than planned, and came in 80 per cent over budget.