Financing High-Speed Rail In The United States: Part 3
Law360, New York (March 3, 2017, 12:10 PM EST) -- Emeka Chinwuba
In part 1 and part 2 of this article, we examined various public sources of funding for high-speed rail projects in the U.S., and the possible relevance of the Trump administration's proposed infrastructure plan as released prior to the presidential election.
In this final installment, we turn to various private financing sources for U.S. HSR, and also consider the role of export credit agencies in funding of such projects.
Due to the significant financial and ridership risks and insufficient political and financial government support, actual private investment in U.S.-based high-speed rail has been inadequate. Globally, no modern...
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