Worries and woes for California HSR

October 17, 2015

Funding and subsidies worry potential partners in California’s bullet train project

Major construction, equipment and engineering firms around the world, responding to a solicitation to form a partnership with the California high-speed rail project, have raised serious concerns about the state’s shortage of funding, the potential need for long-term operating subsidies and whether the project can meet the current construction schedule.Website Insert Call Me State DOTs copy

The comments were included in 36 responses sent by the international firms to the California High-Speed Rail Authority after it requested suggestions on how to complete the $68-billion project. Despite the concerns, many of the companies expressed a willingness to participate in the project.

Construction of the first section of the planned Los Angeles to San Francisco rail line began earlier this year. But the state has only half the $31 billion needed to complete the initial operating segment between Burbank and Merced.

Los Angeles Times reporter Ralph Vartabedian as the full story by clicking here.

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