Aberdeen Investments has welcomed the opening of the Silvertown Tunnel beneath the River Thames in east London, in which it is the largest shareholder of the Riverlinx consortium that will be operating the new tunnel for the next 25 years.
“Aberdeen Investments believes this landmark development redefines transport infrastructure procurement in the UK by fostering collaboration between public and private sectors, days after the UK Government launches the National Infrastructure and Service Transformation Authority (NISTA),” said Aberdeen.
“The Silvertown Tunnel is one of the UK’s most significant privately financed infrastructure projects in recent years, demonstrating that public private partnerships are able to deliver complex infrastructure schemes effectively.
“Aberdeen’s involvement underscores the crucial role of private capital in delivering complex public infrastructure efficiently and sustainably.
“By assuming construction, operational and financial risks, private sector partners like Aberdeen enable public authorities to achieve transformative projects without upfront taxpayer funding while maintaining high performance standards.”
Sameer Amin, Managing Partner of Concession Infrastructure at Aberdeen Investments, said: “The Silvertown Tunnel is a testament to how private finance can drive resilient infrastructure that benefits communities and economies.
“We are proud to contribute to this vital project, which aligns with our commitment to sustainable investments that generate long-term value.
“Completing the construction on time is a significant achievement, reflecting the collaboration and expertise of all parties involved. As a result, we’re confident the project finance model can be replicated successfully going forwards.”