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Mica to outline Northeast Corridor private sector high-speed rail alternative
Posted By Equipment World Staff On May 25, 2011 @ 1:02 pm In Construction News | No Comments
Transportation and Infrastructure Committee Chairman John L. Mica (R-Fla.) on Thursday will outline an alternative for a public-private partnership to develop true high-speed rail service in the nation’s Northeast Corridor (NEC).
Mica will chair a Full Committee hearing focusing on the need for private sector competition in bringing high-speed rail to the densely populated NEC, one of the most valuable transportation assets in the United States. While there is a need and great potential for high-speed rail in this congested corridor, Amtrak’s $117 billion 30-year plan to upgrade NEC service is unacceptable. Amtrak has not proven itself capable of managing large-scale projects, 30 years is too long, and the cost is much too high.
Thursday’s hearing will provide an opportunity to discuss an alternative for a public-private partnership model that relies on private sector competition to help finance, design, build, operate and maintain NEC high-speed rail services. Witnesses will include Senator Lautenberg of New Jersey; transportation policy, investment and real estate experts; and representatives of rail labor. More information about Thursday’s hearing can be found here .
WHAT: Hearing of the Committee on Transportation and Infrastructure, U.S. Rep. John L. Mica (R-FL), Chairman: “Opening the Northeast Corridor to Private Competition for the Development of High-Speed Rail”
WHEN: 10:00 a.m., Thursday, May 26, 2011
WHERE: 2167 Rayburn House Office Building
Washington, DC 20515
A live webcast of this hearing will be available at: http://transportation.house.gov 
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URL to article: http://www.equipmentworld.com/mica-to-outline-northeast-corridor-private-sector-high-speed-rail-alternative/
URLs in this post:
 here: http://transportation.house.gov/hearings/hearingdetail.aspx?NewsID=1271
 http://transportation.house.gov: http://transportation.house.gov/
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