TOKYO/WASHINGTON, April 11 (Reuters) - The governments
of the United States and Japan signalled support for a plan to
build the first high-speed rail in the U.S. using Japanese
bullet trains after their leaders met in Washington on
Wednesday.
Reuters exclusively reported this week that President Joe
Biden is seeking to revive interest in the project linking the
Texas cities of Dallas and Houston and was likely to raise the
issue during Prime Minister Fumio Kishida's state visit.
The project was among several named in a fact sheet
published by the White House after the talks outlining
"political understandings" that were affirmed during the visit.
"The U.S. Department of Transportation and Japan's Ministry
of Land, Infrastructure, Transport and Tourism welcomed Amtrak's
leadership of the Texas Central High Speed Rail Project,
utilizing Shinkansen technologies," the fact sheet said.
"The successful completion of development efforts and other
requirements would position the project for potential future
funding and financing opportunities."
While advocates for the project, estimated to cost around
$25 billion to $30 billion, hope political support can unlock
new public and private cash to finally realise an idea that has
been talked about for decades, it still faces potential hurdles
in Texas and the U.S. Congress.
The 240 mile (380 km) rail link, which will be built and
operated by Texas Central Partners and Amtrak, is expected to
cut travel times between the cities to about 90 minutes, from
three-and-a-half hours by car.
Japanese state lenders, including the Japan Bank for
International Cooperation, have provided loans to help
develop the project, which plans to procure "shinkansen" bullet
train technology from Central Japan Railway ( CJPRF ).
Progress with the project would be a win for the Biden
administration, which has pushed climate-friendly policies and
rail investment.
But it has been opposed by some local groups over land and
other concerns and is likely to draw criticism, particularly
from hardline Republican lawmakers in the U.S. House of
Representatives, who have objected to using public funds for
rail projects in the past.