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All great points, but I will point out that the major cost item on high speed (or any rail for that matter) is the rail itself. The cars and locomotive are relatively cheap, but you're looking at figures of $1M+ USD per mile of track.


In Europe, it's about 12-30 million € / km for high speed tracks (according to Wikipedia).


And US construction costs tend to be at least twice what they are in Europe.


That's for public projects?




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