Quote:
Originally Posted by MDAllstar
They didn't say they were building just the D.C. to Baltimore line and it would be free. They said they would build a New York to D.C. line and they would pay for a small portion of it being the D.C. to Baltimore segment.
|
More details came out yesterday. Japan only said it would offer to loan about half the anticipated contruction costs for the DC to Baltimore segment, about $4 billion in loans.
This article notes the estimated $8 billion in construction costs for the DC to Baltimore is unrealistic, especially for an unproven technology.
Japan maglev: $8 billion construction cost is laughably low.
This isn't the great deal people are making it out to be.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
