Economic news
US to award $3 billion to Las Vegas high-speed rail project
2023.12.05 12:49
WASHINGTON (Reuters) – The U.S. Transportation Department is awarding $3 billion to a $12 billion Las Vegas to Southern California high-speed rail project that aims to be completed before the 2028 Los Angeles Olympics, according to a senator.
The 218-mile (350km) Brightline West is expected to have speeds of at least 186 miles per hour, resulting in a proposed trip time of 2 hours and 10 minutes. A formal announcement of the project funded by the $1 trillion 2021 infrastructure law is planned for Friday. “This historic high-speed rail project will be a game changer for Nevada’s tourism economy and transportation,” said Senator Jacky Rosen, a Nevada Democrat.