Port of Miami Tunnel upset
Florida Secretary of Transportation Stephanie Kopelousos announced that the Miami Port Tunnel Project would be cancelled due to the credit crisis just as the project seemed to be moving forwards after many disruptions. Miami Access Tunnel, the concessionaire selected to build the project in May 2007, noted, however, that it had just received new commitments for equity capital and that Kopelousos's outlook for the project was "invalid".
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