4 replies to this topic

[Sloan]

 

 

China rail firms in joint deal to build U.S. high-speed rail

 

A consortium of Chinese rail firms has teamed up with private U.S. company XpressWest to build a high-speed rail line in the United States, the latest push by Beijing to export its high-speed rail technology and tap lucrative offshore markets.

http://www.cnbc.com/...-in-the-us.html

[KevinKorell]

Los Angeles, CA Times, 9/17/15:

 

A high-speed rail from L.A. to Las Vegas? China says it's partnering with U.S. to build

 

A long-discussed high-speed rail project linking Southern California and Las Vegas will be built by a U.S.-China joint venture, Chinese officials said Thursday, though many details about the agreement remained hazy.

Read

[KevinKorell]

Bloomberg,  9/17/15:
 

China, U.S. Reach Agreement on High-Speed Rail Before Xi Visit

 
A China Railway Group-led consortium and XpressWest Enterprises LLC will form a joint venture to build a high-speed railway linking Las Vegas and Los Angeles, the first Chinese-made bullet-train project in the U.S.

 
 
This one

[CNJRoss]

Las Vegas (NV) Sun, 11/18:
 

 

Nevada high-speed rail panel moving forward with XPressWest

 

During a three-hour meeting Wednesday, the five-member Nevada High-Speed Rail Authority unanimously selected XpressWest as the state’s franchisee for constructing a high-speed rail system that connects Las Vegas with Southern California.

 

Four applicants competed with XpressWest’s bid but authority officials were in agreement that the proposal was the only one that met their evaluation criteria.

 

XpressWest officials said they could start construction as early as fall 2016. The project aims to link Las Vegas to Los Angeles. 

 

SNIP 

 

Earlier this month, the Las Vegas-based XpressWest project, formerly named DesertXpress, announced a $100 million investment from a consortium of state-owned Chinese companies. XpressWest officials said they do not plan to seek public funding from the state.

 

More here.

[KevinKorell]

Los Angeles, CA Times, 6/8/16:

China will not build L.A.-to-Vegas rail line — U.S. company calls the deal off

Nine months after announcing that China would help build a high-speed rail line from Los Angeles to Las Vegas, the private U.S. company behind the plan said late Wednesday that the deal was off.

Update