TEXAS HIGH SPEED RAIL FACT SHEET 1 2 TEXAS HIGH SPEED RAIL FACT SHEET 2 1. ONE OF THE LARGEST INFRASTRUCTURE CONTRACTS IN THE U.S. The transport infrastructure sector of Boston’s highway system completed ranks first in investment in the in 2007, assigned, in 1982, to various United States. contractors for $2.8 billion. The total The Interstate Highway System, investment for the Texas High Speed introduced in 1956 by President Dwight Rail is expected to be approximately D. Eisenhower to connect cities from $20 billion and represents one of the coast to coast with highways, bridges, largest infrastructure contracts in tunnels and viaducts, represents the the United States. largest total investment ever made in a Texas Central signed a design-build transport system in the U.S. with a total contract with Webuild Group (Texas investment of $528 billion up to 2018. High Speed Rail LLC is the company The second biggest infrastructure created by Webuild and its U.S. investment made in the United States subsidiary Lane Construction) to build was the Big Dig: a $21-billion renovation Texas High Speed Rail. Infrastructure system Single contract INTERSTATE BIG DIG TEXAS HIGHWAY SYSTEM HIGH SPEED RAIL $528 billion $21 billion $14 billion 3 OVERVIEW TEXAS HIGH SPEED RAIL TRAVEL TIME TOTAL INVESTMENT data in $ Texas High Speed Rail VALUE Texas Central signed a design-build Funding from less than 1.5 hours private funds: agreement with Webuild Group Interstate 45 debts and to build the Dallas-Houston private 4+ hours equity high-speed railway depending on trac OKLAHOMA ARKANSAS >50% ~20 elevated on viaduct billion DALLAS DALLAS NEW MEXICO 3 s ta t i ECONOMIC o n s IMPACTS 2 ( 3 4 FOR TEXAS 8 0 0 TEXAS k m m ) i l e TEXAS s Brazos Valley Texas A&M University HOUSTON (The largest university MEXICO in Texas) >13 million THE TRAIN HOUSTON people within an hour from the 3 stations Gulf JOBS of Mexico >17,000 +1,500 direct jobs Full time +200 mph (320 km/h) during works permanent jobs 36 Tokaido Shinkansen N700S / Produced by Central Japan Railway Company >20,000 6+ million billion supply chain jobs annual passengers in the rst 25 years 2020 2026 Start of works* 2021 2022 2023 2024 2025 Texas High Speed Rail in function *after the conclusion of the entire project approval process 4 OVERVIEW TEXAS HIGH SPEED RAIL TRAVEL TIME TOTAL INVESTMENT data in $ Texas High Speed Rail VALUE Texas Central signed a design-build Funding from less than 1.5 hours private funds: agreement with Webuild Group Interstate 45 debts and to build the Dallas-Houston private 4+ hours equity high-speed railway depending on trac OKLAHOMA ARKANSAS >50% ~20 elevated on viaduct billion DALLAS DALLAS NEW MEXICO 3 s ta t i ECONOMIC o n s IMPACTS 2 ( 3 4 FOR TEXAS 8 0 0 TEXAS k m m ) i l e TEXAS s Brazos Valley Texas A&M University HOUSTON (The largest university MEXICO in Texas) >13 million THE TRAIN HOUSTON people within an hour from the 3 stations Gulf JOBS of Mexico >17,000 +1,500 direct jobs Full time +200 mph (320 km/h) during works permanent jobs 36 Tokaido Shinkansen N700S / Produced by Central Japan Railway Company >20,000 6+ million billion supply chain jobs annual passengers in the rst 25 years 2020 2026 Start of works* 2021 2022 2023 2024 2025 Texas High Speed Rail in function *after the conclusion of the entire project approval process 5 2. THE MOST SUCCESSFUL RAILWAY NETWORKS IN THE WORLD The Texas high-speed train project Tokyo-Osaka or Paris-Lyon, the two is amongst the most important cities Dallas and Houston are at the right in the world in terms of railway distance to guarantee reduced travel connections between two large times compared to car travel and at urban centres. extremely competitive prices compared Just like Madrid-Barcelona, to air travel. The most successful Optimal city-to-city international distance range High Speed Rail routes for train’s route are at an optimal distance to oer time and cost Madrid Barcelona savings compared to cars and planes Tokyo Osaka connect big cities with growing Paris London populations North Texas Houston serve cities that are New Washington DC economic centers York in their regions Paris Lyon London Manchester Proportional to size of population Berlin Hamburg Proportional to length of route Sources: L.E.K. Consulting 6 7 3. IT IS THE FASTEST RAILWAY CONNECTION BETWEEN TWO U.S. CITIES WITH STRONG POPULATION GROWTH The high-speed train will link Dallas and Houston in less than 90 minutes with a train every 30 minutes 90 at peak times.There will be one stop in Minutes faster the Brazos Valley, where Texas A&M than by car University is located. It is expected to be 90 minutes faster than car travel and one hour faster than air travel considering boarding times. Dallas and Houston are respectively 60 the fourth and fifth largest economies Minutes faster in the U.S, after New York, Los Angeles than by plane and Chicago. The two metropolitan areas are amongst those with the highest population growth. According to the US Census Bureau the Dallas/Fort Worth Metroplex registered one of the highest rates of population growth in the U.S. - 1 million from 2010 to 2018. It is estimated that 6 million passengers in 2029 and 13 million in 2050 will use the high-speed train between Dallas and Houston. 8 9 TEXAS RESIDENTS IN THE RAILWAY AREA OKLAHOMA ARKANSAS Dallas LOUISIANA Brazos Valley Texas A&M University (The largest university in Texas) Houston >13 million Train Station Texas Residents live within 60 Gulf of Mexico minutes of a station 0-20 0-20 0-20 120+ Drive in time in minutes Sources: Texas Central 10 4. THE HIGH-SPEED TRAIN WILL OFFER AN ALTERNATIVE FOR MORE THAN 13 MILLION TEXANS More than 13 million residents live The new railway line will therefore less than an hour from one of the have a great impact in terms of traffic three stations of the high-speed decongestion of Interstate 45, one train. of the busiest highways in the US – and Some 16 million journeys are made every when the train becomes operative it will year between North Texas and Houston, remove approximately 14,630 vehicles and these trips are expected to increase daily. at a rate of 1.5% per year, almost double the national average. At the moment, considering traffic congestion, it takes 4 hours to get from About 90% of travelers go by car, while Houston to Dallas. According to the the remainder fly. According to the most Texas Department of Transportation comprehensive study of this market to travelling times are expected to increase date, 72% of travelers said they would to 6 hours in 2040. It is an enormous “definately” or “probably” travel on problem from an environmental point the high-speed train if it were an option of view considering the ever-increasing today. amount of emissions. 11 12 5. THE JAPANESE FORMULA TO TRAVEL FAST IN THE SAFEST WAY POSSIBLE Japan’s Shinkansen first came into Average rate of punctuality: one minute service on the Tokaido Shinkansen line annual delay. The high-speed train between Tokyo and Osaka in 1964. transports 420,000 passengers a day along the Tokyo-Osaka line, the busiest Its 55 years of service have been a in the world. Japan’s network of high- veritable triumph for the country in light speed rail service covers about dozen of the benefits it has brought, especially lines. in terms of safety. Its track record is enviable: zero accidents on land, on The original N700 model with 16 board or along the rail line. carriages has been revised for the United States in the form of the new N700-S with eight carriages and an operating speed of up to 320 kilometers per hour. 13 14 6. ECONOMY AND ENVIRONMENT: A SUSTAINABLE UNION From an environmental point of view the Dallas- Houston train is expected to reduce CO2 emissions by approximately >17,000 700,000 metric tons annually. direct jobs during works The train is six times more efficient in terms of energy than the car, the preferred means >20,000 of transportation in Texas. It will also emit supply chain jobs 1/12th of the CO2 of a Boeing 777-200. From an economical point of view $36 billion the high-speed train will be entirely is the estimated economic direct financed by private investors and will impact for the region for the next have enormous benefits for the region. 25 years. 15 7. A TRAIN FOR A FUTURE GENERATION OF BUILDERS The stop between Dallas-Fort Worth A&M has more than 12,000 students in and Houston at Brazos Valley will serve engineering as well as campuses abroad. thousands of students, academics and The construction of the researchers at the Texas A&M University high-speed train at this location daily. Founded in 1871 as the Agricultural makes the university more attractive and Mechanical College of Texas, it to American students. is the second largest university in the country in terms of numbers of students with about 64,000 registered compared to 66,000 at the University of Central Florida in Orlando. 16 17 18 8. THE WEBUILD GROUP FOR THE DEVELOPMENT OF GLOBAL INFRASTRUCTURE Webuild Group (formerly Salini It is working on high-speed rail projects Impregilo), that signed design-build like the Brenner Base Tunnel, which will agreement with Texas Central for the be the longest rail tunnel in the world; high speed railway’s infrastructure the new Genoa-Milan and Naples-Bari civil works, has completed more than railway lines in Italy and the new “Orient 2,000 projects in its 114-year history.