High-Speed Rail Could Stimulate California Construction
June 13, 2009 – It appears that the construction of a massive, high-speed passenger rail system may be in California’s near future. On a national level, the Obama Administration has pledged approximately $13 billion of stimulus and other funding in order to bolster the country’s struggling rail roads.
California stands as one of the most likely candidates to receive a large portion of the funds, given that the state already has a well developed, $30 billion plan for constructing a high-speed rail system connecting Los Angeles and San Francisco. California’s congested freeways and it’s enormous population accentuate the case for the national funding.
An infrastructure project of this magnitude could do wonders for California’s struggling economy and specifically, California’s construction industry. Everyone from Los Angeles contractors to San Francisco contractors could see many years of stable employment for tens of thousands of workers if the high-speed passenger rail construction moves forward as planned.
Josh Groves
President of jobtrio.com
“Where contractors and their clients meet.”
Tags: california construction, Contractors Blog, high-speed rail, Los Angeles General Contractors, San Francisco General Contractors, stimulus
This entry was posted on Saturday, June 13th, 2009 at 6:23 pm and is filed under San Francisco General Contractors. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.