Webuild, Lane, Kiewit nab $17B total in Texas high-speed rail contracts

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  • Less than a $16 billion agreement signed this 7 days, Italian contractor Webuild and its U.S. subsidiary Lane Design have been chosen to build a higher-velocity railway between Dallas and Houston. The project with private developer Texas Central Railroad will link the two cities in 90 minutes, which includes a halt at Brazos Valley around Texas A&M College. 
  • Primarily based on Central Japan Railway’s Tokaido Shinkansen system, the railway will carry travelers at speeds of up to 200 mph, quicker than any other rail service in the United States, in accordance to Texas Central.
  • Design will choose 5 to 6 several years and will get started as shortly as Texas Central has finalized all pre-development permits, in accordance to the company’s web page. Overall fees for the project will be all-around $20 billion, which includes the design of the traces, tracks, viaducts, berms, servicing amenities, electric
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