$545M for NC High Speed Rail
Great news for NC rail today. A 90 mph rail corridor between Raleigh and Charlotte is the vision behind 30 projects worth $525M announced today as part of the Obama administration’s nation-wide $8B ARRA high speed rail initiative. The corridor’s projects will upgrade track, rolling stock and stations with the aim of doubling the round trips taken on the route. A further $25M of ARRA dollars will be spent on anti-congestion projects on the Raleigh-Richmond section of the line.
Needless to say, the projects will create much needed construction jobs.
Gene Conti, NC Secretary of Transportation said today:
This historic day is the culmination of more than a decade of work by state DOTs across the country to revive passenger rail as a major transportation option in America. This is also only the beginning of that resurgence. States stand ready to plan, build, and deliver high speed rail for the United States.
Conti is also the Chair of the AASHTO Standing Committee on Rail. AASHTO is the umbrella orgnziation representing 50 state Departments of Transportation.
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