both sponsor nations are socialist -lite economies..no needs for bids.
ok, so instead of spending this amount lets just keeps spending trillions on defense budgets and wars (iraq price tag, mentioned in one of the linked articles)?
because those are so much better uses of money?
No, those are horrible drains on us too. How about not throwing good money after bad, and then even going back and trying to recover some of that wasted money? We start the wars mostly. Its a business.
it seems like most of the funds are coming from the EEU with some backing from the EU and then pvt russian and chinese companies (well, private russian companies..no such thing as private in china)
the chinese have owned the panama canal and alot of north american and other areas port facilities for some time now. if these ppl want to spend money that is mainly theirs own this thing then why stop them?
In order for this thing to even exist, the eastern end of the tunnel will have to be on US territory and will thus ultimately be US property. It will require TREMENDOUS development of infrastructure and housing and logistics lines just to make sure the US interests are protected. To say nothing of the potential military and security issues.
But what it comes down to is that it is just not needed.