Summary
The California High-Speed Rail Authority is seeking private partners to help build the state's high-speed rail system. They plan to have these partnerships in place by summer 2026 to speed up construction and secure more funding.
Key Facts
- The Rail Authority is looking for private investment partners to help with the high-speed rail project by summer 2026.
- A Request for Qualifications (RFQ) has been issued to find a private partner for a Co-Development Agreement.
- Private partners may invest in and manage assets like station facilities and track access.
- 171 miles of the rail system, from Merced to Bakersfield, are in the design or construction phase.
- 463 miles of the planned 494-mile route from San Francisco to Los Angeles have full environmental clearance.
- The project has created nearly 16,400 jobs, mainly for Central Valley residents.
- Over 30 major structures are currently being built in counties like Madera and Fresno.
