By David Burroughs, News & Features Writer, International Railway Journal, Railway Age Magazine; April 2, 2020
Texas Central says that the $20 billion project is now “shovel ready,” and following collaboration with the federal government, the State of Texas and a team of experts, it is ready to begin the construction phase once global financial markets stabilize and the federal approvals process is complete.
“Our immediate next step is to continue working with our partner organizations and federal and state agencies, led by the Federal Railroad Administration, to finalize our permits,” says Texas Central CEO Carlos Aguilar. “The current schedule we have from the federal government anticipates that will happen by July 31.”