California High-Speed Rail Project
Sector: Rail • Location: California, United States
Source: Fox Business
The California High-Speed Rail Project is a state infrastructure initiative originally planned to connect San Francisco and Los Angeles with high-speed rail. The project received its first bond funding in 2008 and was initially estimated to cost between $33 billion and $45 billion, with completion slated for 2020. However, the project has faced significant delays and cost overruns, with the first
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Participants
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Status
Original status | delayed |
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Available timestamps | 00-00-0000 |
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Contact
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Description
Description | The California High-Speed Rail Project is a state infrastructure initiative originally planned to connect San Francisco and Los Angeles with high-speed rail. The project received its first bond funding in 2008 and was initially estimated to cost between $33 billion and $45 billion, with completion slated for 2020. However, the project has faced significant delays and cost overruns, with the first phase now expected to be completed by 2032 and costs projected to exceed $230 billion. The current focus is on a Central Valley transport corridor between Merced and Bakersfield. Lawmakers are calling for the project to be scrapped due to budget deficits and escalating costs. |
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Original Currency | USD |
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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