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California high-speed rail leader pushes state to support private investment

Daily Commercial News May 05, 2025 1 min read
Construct Connect Canada
California high-speed rail leader pushes state to support private investment
AI Article Summary

The CEO of the California high-speed rail project is urging the state to support private investment by agreeing to reimburse investors. The rail line, which aims to provide a direct service between San Francisco and Los Angeles in under three hours, has faced significant delays. State backing is seen as crucial to attracting the necessary private funds for the long-term viability of the project.