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Funding approved for High speed rail in CA

Question asked by Anil Jain in #Startups & Business on Jul 7, 2012
Anil Jain
Anil Jain · Jul 7, 2012
Rank A2 - PRO
California's Senate on Friday approved funding for the first phase of a high-speed rail system that is expected to eventually link Los Angeles to San Francisco.

Once this system would be ready people would cover the distance form San Francisco and Los Angeles in less than three hour and San francisco to San diago in less than 80 minutes. Train would run upto 200 miles per hour. Additionally Every year the project will generate 100,000 construction-related jobs will be created, and up to 450,000 permanent new jobs over the next 25 years

The expected cost for this high speed bullet trains network would be $53 billion...

Can India or developing nations think about this sort of infrastructure? Or do we really required that in developing nations?

-CB Posted in: #Startups & Business
Kaustubh Katdare
Kaustubh Katdare · Jul 7, 2012
Rank A1 - PRO
The project cost is way too big for developing countries to think about such infrastructure. The responsibility lies in the hands of engineers to develop lower cost equivalent solutions.
Anil Jain
Anil Jain · Jul 7, 2012
Rank A2 - PRO
I second you that the cost is way too high for the developing countries.

However other aspect could be, project like this can soothe the transportation problem and would definitely make it cheaper for 'MIDDLE CLASS' citizens that can not afford flight tickets. Also, these projects brings in lots of job opprutunities.

However, burning question is can our engineers do something that will bring the cost drastically down.

-CB

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