As reported in the June 2017 issue of Railway Age, Fluor Corp. announced that it has reached agreement with Texas Central Rail Holdings, LLC to advance the preliminary development of the proposed 240-mile high-speed passenger rail line connecting Dallas/Fort Worth and Houston.
The cost of the project has been estimated at $10 billion. Central Japan Railway earlier said it would provide its Shinkansen bullet train technology for a schedule of 60 trains daily traveling at 205 mph.
Fluor will support Texas Central during the preliminary development by refining the project's engineering, design-build cost estimate, schedule and construction planning and potentially further phases of development. Under this agreement, after the development phase and financial close, Fluor and its partners would be the preferred design-builder of the project connecting North Texas and Houston.
"Fluor's global expertise in developing the world's largest megaprojects, matched with its ability to provide integrated solutions to clients across the globe, position the company well with Texas Central," said Hans Dekker, president of Fluor's infrastructure business line. "We will use our industry experience and proven track record of delivering high-speed rail projects to provide high-value services for this significant infrastructure project."