Japanese train manufacturers eye international boom

Another chapter of an ongoing story. The world’s governments,  many of which possibly consider other factors than pleasing established special interests, are investing heavily in infrastructure. FOREXPROS.com files an extensive financial analysis and word that Kawasaki is looking to possibilities in America.

As the industry grows, the United States has earmarked $8 billion for high-speed rail development in an economic stimulus package, and President Barack Obama has proposed an additional five-year, $5 billion grant program for railways.

China and India are keen on rail spending, while railway investment is expected in Vietnam and Brazil, too. Britain and France have announced huge stimulus projects with specific allocations to beef up their rail infrastructure.

Filed under: Passenger Rail Politics, Passenger Rail Transportatio Policy, United States High Speed Rail