In Texas, high speed rail hit perhaps the most benchmarks of any high speed rail attempt in the United States to date, and yet it failed just a few months ago. The author's basic premise is that 100% private financing is not really possible for a major infrastructure project such as high speed rail. Given the institutional nature and market of the United States, low returns to private investors make 100% private financing of high speed rail nearly impossible. An argument for the alternative is that we really need some kind of balance between the public and the private sector. The author relates the history of the Texas TGV experience with high speed rail, and presents her analysis of the reasons for its failure.

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  • Supplemental Notes:
    • This paper was presented in Forum Session "Derailed: Case Histories of the Failure of High Speed Rail in the United States". These proceedings, Volume 8 of the TRF 36th Annual Conference, were funded for publication by the UPS Foundation.
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    Transportation Research Forum

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  • Authors:
    • Ng, H
  • Conference:
  • Publication Date: 1994


  • English

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Filing Info

  • Accession Number: 00727115
  • Record Type: Publication
  • Report/Paper Numbers: Volume 8
  • Files: TRIS
  • Created Date: Oct 23 1996 12:00AM