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Transactions - NOVEMBER 26, 2019

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Texas Central signs preconstruction contract with Kiewit firm for $20b bullet train

by Andrea Zander

Texas Central has signed an early contractor involvement (ECI) agreement with Mass. Electric Construction, a subsidiary of Kiewit Corp., for its proposed $20 billion bullet train between Dallas and Houston.

The train could begin construction as early as next year pending federal approval of the project, Holly Reed, managing director of external affairs at Texas Central, told Construction Dive. The construction process itself is expected to take five to six years.

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