Jill Cowan - Economy Writer for Dallas Morning News -
Texas Central Partners has repeated its promise time and time again.
It will connect Dallas and Houston in 90 minutes with the nation’s first high-speed rail line. And it will get the $12 billion job done without public funding.
Proponents of the Texas bullet train say it’s not only possible, but inevitable, as the country's interstates, bridges and tunnels near the end of their useful lives.
The key, executives say, is that there’s money to be made.
“Entrepreneurial risk will be borne by investors who understand that,” Texas Central president Tim Keith said. “The appetite for infrastructure assets by global investors is huge.”
Read more: https://www.dallasnews.com/business/economy/2017/02/23/pay-12-billion-bullet-train-without-asking-texas-money
Texas Central Partners has repeated its promise time and time again.
It will connect Dallas and Houston in 90 minutes with the nation’s first high-speed rail line. And it will get the $12 billion job done without public funding.
Proponents of the Texas bullet train say it’s not only possible, but inevitable, as the country's interstates, bridges and tunnels near the end of their useful lives.
The key, executives say, is that there’s money to be made.
“Entrepreneurial risk will be borne by investors who understand that,” Texas Central president Tim Keith said. “The appetite for infrastructure assets by global investors is huge.”
Read more: https://www.dallasnews.com/business/economy/2017/02/23/pay-12-billion-bullet-train-without-asking-texas-money