From Newsweek:
California High-Speed Rail Reveals New Plan To Save Project
Published Jul 08, 2025 at 12:07 PM EDT
The California High-Speed Rail project, long beset by rising costs, delays, and political conflict, revealed a new plan led by its recently appointed CEO, Ian Choudri, that relies on $1 billion in annual state funding combined with private capital to help keep the project afloat.
Choudri, who took charge of the High-Speed Rail Authority in August, explained during an interview at a transportation conference in San Francisco, according to the San Francisco Chronicle, emphasizing the potential of public-private partnerships to move the rail initiative forward.
While the construction of the California high-speed rail advances across the Central Valley, it has faced growing doubts from the federal government.
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