US EditionCalifornia high-speed rail leader pushes state to support private investment
- California High-Speed Rail Authority CEO Ian Choudri seeks private sector funding for the project.
- The project needs private investment as costs soar past initial estimates and state bond money is depleted.
- Voters approved $10 billion in 2008 bonds for construction promising San Francisco to Los Angeles service by 2020.
- The price tag now exceeds $100 billion, and five years after the deadline, workers have laid no tracks.
- Securing private funds or alternative state financing is necessary to complete the Central Valley segment by mid-2026.
16 Articles
16 Articles
17 years after California voters approved $10 billion for high speed rail, no tracks have been laid
A long-delayed project promising nonstop rail service between San Francisco and Los Angeles in under three hours may be able to secure the private funding it desperately needs if California agrees to pay the investors back, its chief executive told The Associated Press. Ian Choudri, who was appointed CEO of the California High-Speed Rail Authority in August, is tasked with reinvigorating the nation's largest infrastructure project amid skyrocket…
California High-Speed Rail Chief Urges State to Back Private Investment - Miamistandard News
SACRAMENTO, Calif. — A long-delayed project that wants to build constant rail service between San Francisco and Los Angeles in less than three hours may be able to get the private funding it needs if California agrees to repay the investors, the project’s CEO told The Associated Press. Ian Choudri was named CEO of the California High-Speed Rail Authority in August. He is in charge of bringing the country’s biggest infrastructure project back to …
Coverage Details
Bias Distribution
- 46% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
