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The following article was published in our article directory on February 10, 2011.
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American Intends To Invest $53 Billion To Construct Of New Inter-City High-Speed Rail Network

Article Category: Business

Author Name: xia zihui

U.S. vice President biden, the government will be announced in the next six years investment $53 billion (about 675 billion 9090 million new proterozoic), construction intercity high-speed rail network and upgrade the existing rail network speed, and ensure the American competitiveness in the global market and leadership.

The day before yesterday bardun 30th street station in Philadelphia and transport minister Emile lahoud announced the plan together, pointed out that "it is winning the next plan", Japan and China has in the construction of high-speed railway, American "for no reason" do not. He asked, "if we don't do, can you tell me how to America in the 21st century leading the world? "

Claiming to be American state-run railway passenger transport company (Amtrak) regular caller biden pointed out that new rail network "will help in communities, reduce traffic congestion, and creating cannot outsourcing, high-quality and need skilled work."

According to the new plan, American traffic department will choose several new corridors "and encourage people ride passenger train.

The inter-city high-speed railway lines will is divided into three categories, respectively is 125 miles per hour to 250 miles per hour "core express", 90 miles to 125 miles "regional route", and the speed of 90 miles "emerging route".

American state-run railway passenger transport company after the nation's largest train the company already announced on Monday, will invest $135 million in New York and New Jersey built between the passenger train nets.

Obama President last month in the union announced the government aims, in the next 25 years across the high-speed railway cover 80% of the population. He puts forward "win the future" strategic vision, there are four pillars: encourage innovation, attach importance to education, reconstruction infrastructure, and reduce the budget deficit. Massive high-speed railway construction plan, Obama government reconstruction infrastructure part of the program.

Barack Obama will be published next week next year the federal budget, including $8 billion shares in the high speed railway construction plan, the rest will be issued in the next six years funding.

This new plan before the announcement, last November mid-term election victory and a group of control of congress, republicans in congress requirement already in the next decade the federal budget cuts 25,000 million us dollars, including sharply cut traffic budget. They opposed the White House spending heavily to build "Soviet type" rail network.

However, urged expansion rail network personage, says the United States in high-speed rail network investment lagged far behind in many countries, points out, China in this investment is pulls ahead. According to the China securities journal reported that China will from this year by 2015 4510 billion dollars to invest 6020 billion dollars to build high-speed rail network.

U.S. vice President biden, the government will be announced in the next six years investment $53 billion (about 675 billion 9090 million new proterozoic), construction intercity high-speed rail network and upgrade the existing rail network speed, and ensure the American competitiveness in the global market and leadership.

The day before yesterday bardun 30th street station in Philadelphia and transport minister Emile lahoud announced the plan together, pointed out that "it is winning the next plan", Japan and China has in the construction of high-speed railway, American "for no reason" do not. He asked, "if we don't do, can you tell me how to America in the 21st century leading the world? "

Claiming to be American state-run railway passenger transport company (Amtrak) regular caller biden pointed out that new rail network "will help in communities, reduce traffic congestion, and creating cannot outsourcing, high-quality and need skilled work."

According to the new plan, American traffic department will choose several new corridors "and encourage people ride passenger train.

The inter-city high-speed railway lines will is divided into three categories, respectively is 125 miles per hour to 250 miles per hour "core express", 90 miles to 125 miles "regional route", and the speed of 90 miles "emerging route".

American state-run railway passenger transport company after the nation's largest train the company already announced on Monday, will invest $135 million in New York and New Jersey built between the passenger train nets.

Obama President last month in the union announced the government aims, in the next 25 years across the high-speed railway cover 80% of the population. He puts forward "win the future" strategic vision, there are four pillars: encourage innovation, attach importance to education, reconstruction infrastructure, and reduce the budget deficit. Massive high-speed railway construction plan, Obama government reconstruction infrastructure part of the program.

Barack Obama will be published next week next year the federal budget, including $8 billion shares in the high speed railway construction plan, the rest will be issued in the next six years funding.

This new plan before the announcement, last November mid-term election victory and a group of control of congress, republicans in congress requirement already in the next decade the federal budget cuts 25,000 million us dollars, including sharply cut traffic budget. They opposed the White House spending heavily to build "Soviet type" rail network.

However, urged expansion rail network personage, says the United States in high-speed rail network investment lagged far behind in many countries, points out, China in this investment is pulls ahead. According to the China securities journal reported that China will from this year by 2015 4510 billion dollars to invest 6020 billion dollars to build high-speed rail network.

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