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HIGH SPEED RAIL: CEO Pushes for Private Investment
Manage episode 480198229 series 133016
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Ian Choudri, CEO of the California High-Speed Rail Authority, is advocating for private investment to rescue the state's ambitious rail project. With costs exceeding $100 billion and federal funding at risk, Choudri emphasizes the need for stable financing and public-private cooperation. He is in discussions with Governor Gavin Newsom's administration and lawmakers to secure financial guarantees for private investors. Choudri believes that without private sector involvement, the state may need to issue new bonds or seek federal loans.
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