Texas Central’s High-Speed Train Named Top Global Infrastructure Project

  • CG/LA lists Texas train project as one of the top 50 infrastructure
    projects in the world
  • Houston-to-North Texas line also ranks as one of the nation’s most
    important projects

DALLAS–(BUSINESS WIRE)–The Texas high-speed train has been named
among the top global infrastructure projects by infrastructure advocacy
group CG/LA in its 2019 Strategic 100 Global Infrastructure Report. On
the national level, CG/LA ranked the Houston-to-North Texas line as one
of America’s most important projects.

Designed to identify projects with the most potential opportunity in the
upcoming year, the CG/LA reports select those with widespread benefits
and strategic importance in 30 targeted counties.

“The Texas train is a transformational project that is generating
attention and excitement among infrastructure experts who recognize it
as a catalyst for creating jobs, boosting the economy and providing a
much-needed transportation choice,” said Texas Central CEO Carlos
Aguilar.

“We are ushering in a new industry, backed by an international team of
partners, creating local jobs, and we are proud to be recognized among
some of the most important infrastructure projects in the world,”
Aguilar said.

Texas Central has brought on board several industry leaders:
international railway company Renfe is the train’s operating partner;
multinational firm Salini Impregilo – operating in the U.S. market with
The Lane Construction Corporation – is leading the civil construction
consortium that will build the train; and Bechtel, with operational
headquarters in Houston, is on Texas Central’s project management
services team.

In addition to seamless, safe and convenient travel between the fourth
and fifth largest economies in the United States, the Texas project is
estimated to create 10,000 direct jobs for each year of construction and
support 1,500 full-time jobs when operational.

Texas Central and its partners are committed to workforce diversity and
recruiting contractors, subcontractors and employees from local job
markets, universities, community colleges and workforce organizations
for construction of the project and its maintenance and operation.

They also will be collaborating to create opportunities for small,
minority, women, rural and veteran-owned businesses. These local
companies will benefit from construction work, such as building the
system and maintenance facilities, supplying materials and providing
long-term support for Texas’ newest high-tech industry.

The project is transformational not only because it will be the first
true high-speed train in the United States, but also because it is
financed by investors. It is not a government project and will not use
federal grants or state appropriations.

Last year, CG/LA recognized the Texas train in its Strategic 100 North
American Infrastructure Report, calling it a crucial option “in
advancing public and business interests.” The projects are “game
changers,” the report said, important “for job creation, business
development, long-term investment and the critical inputs that citizens
demand, mobility and health, along with opportunities.”

The 200 mph Texas train will link the nation’s 4th and 5th
largest economies in 90 minutes, with a midway stop in the Brazos
Valley, with its 80,000 college students. As Texas adds 1,200 people a
day, the train will help relieve congestion and serve the demand already
there and growing, including 50,000 supercommuters now making the
Houston-North Texas trip regularly.

Other U.S. projects cited in the latest report include the Detroit
Capital Improvement Plan, the Purple Line Extension in Los Angeles and
the New England Clean Energy Connect.

ABOUT TEXAS CENTRAL

Texas Central is developing a new high-speed train that will connect
North Texas, the Brazos Valley and Houston, using proven, world-class
technology. The 90-minute trip will provide a safe, reliable and
productive transportation alternative. The company’s market-led approach
is backed by investors, not government grants, a new business model for
infrastructure advances. Texas Central and its affiliated entities will
be responsible for the system’s design, finance, construction, operation
and maintenance. See more at www.texascentral.com.

About CG/LA Infrastructure

For three decades CG/LA Infrastructure has served as the foremost
thought leader on global infrastructure investment and strategic project
development. Headquartered in Washington, DC, CG/LA works with leading
infrastructure executives, project owners, policymakers, investors,
innovators, design practitioners, and risk specialists from over 30
countries across the public and private spectrum. The firm’s
globally-recognized Leadership Forum series highlights
leading-edge strategies and compelling infrastructure projects
accelerating global mobility, sustainability, and overall social impact.
See more on CG/LA here.

Contacts

Megan Frye
Hill+Knowlton Strategies
[email protected]
214-238-8153

Texas Central’s High-Speed Train Named Top Global Infrastructure Project

  • CG/LA lists Texas train project as one of the top 50 infrastructure
    projects in the world
  • Houston-to-North Texas line also ranks as one of the nation’s most
    important projects

DALLAS–(BUSINESS WIRE)–The Texas high-speed train has been named
among the top global infrastructure projects by infrastructure advocacy
group CG/LA in its 2019 Strategic 100 Global Infrastructure Report. On
the national level, CG/LA ranked the Houston-to-North Texas line as one
of America’s most important projects.

Designed to identify projects with the most potential opportunity in the
upcoming year, the CG/LA reports select those with widespread benefits
and strategic importance in 30 targeted counties.

“The Texas train is a transformational project that is generating
attention and excitement among infrastructure experts who recognize it
as a catalyst for creating jobs, boosting the economy and providing a
much-needed transportation choice,” said Texas Central CEO Carlos
Aguilar.

“We are ushering in a new industry, backed by an international team of
partners, creating local jobs, and we are proud to be recognized among
some of the most important infrastructure projects in the world,”
Aguilar said.

Texas Central has brought on board several industry leaders:
international railway company Renfe is the train’s operating partner;
multinational firm Salini Impregilo – operating in the U.S. market with
The Lane Construction Corporation – is leading the civil construction
consortium that will build the train; and Bechtel, with operational
headquarters in Houston, is on Texas Central’s project management
services team.

In addition to seamless, safe and convenient travel between the fourth
and fifth largest economies in the United States, the Texas project is
estimated to create 10,000 direct jobs for each year of construction and
support 1,500 full-time jobs when operational.

Texas Central and its partners are committed to workforce diversity and
recruiting contractors, subcontractors and employees from local job
markets, universities, community colleges and workforce organizations
for construction of the project and its maintenance and operation.

They also will be collaborating to create opportunities for small,
minority, women, rural and veteran-owned businesses. These local
companies will benefit from construction work, such as building the
system and maintenance facilities, supplying materials and providing
long-term support for Texas’ newest high-tech industry.

The project is transformational not only because it will be the first
true high-speed train in the United States, but also because it is
financed by investors. It is not a government project and will not use
federal grants or state appropriations.

Last year, CG/LA recognized the Texas train in its Strategic 100 North
American Infrastructure Report, calling it a crucial option “in
advancing public and business interests.” The projects are “game
changers,” the report said, important “for job creation, business
development, long-term investment and the critical inputs that citizens
demand, mobility and health, along with opportunities.”

The 200 mph Texas train will link the nation’s 4th and 5th
largest economies in 90 minutes, with a midway stop in the Brazos
Valley, with its 80,000 college students. As Texas adds 1,200 people a
day, the train will help relieve congestion and serve the demand already
there and growing, including 50,000 supercommuters now making the
Houston-North Texas trip regularly.

Other U.S. projects cited in the latest report include the Detroit
Capital Improvement Plan, the Purple Line Extension in Los Angeles and
the New England Clean Energy Connect.

ABOUT TEXAS CENTRAL

Texas Central is developing a new high-speed train that will connect
North Texas, the Brazos Valley and Houston, using proven, world-class
technology. The 90-minute trip will provide a safe, reliable and
productive transportation alternative. The company’s market-led approach
is backed by investors, not government grants, a new business model for
infrastructure advances. Texas Central and its affiliated entities will
be responsible for the system’s design, finance, construction, operation
and maintenance. See more at www.texascentral.com.

About CG/LA Infrastructure

For three decades CG/LA Infrastructure has served as the foremost
thought leader on global infrastructure investment and strategic project
development. Headquartered in Washington, DC, CG/LA works with leading
infrastructure executives, project owners, policymakers, investors,
innovators, design practitioners, and risk specialists from over 30
countries across the public and private spectrum. The firm’s
globally-recognized Leadership Forum series highlights
leading-edge strategies and compelling infrastructure projects
accelerating global mobility, sustainability, and overall social impact.
See more on CG/LA here.

Contacts

Megan Frye
Hill+Knowlton Strategies
[email protected]
214-238-8153

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