Private investors will be interested in high-speed-rail projects—if the federal funding stream remains consistent, experts say. In particular, advocates are hoping the $2.5-billion Tampa-Orlando line will prove the mode’s viability. However, it still needs about $1.2 billion more to be completed. Photo: Scott Judy / ENR High-speed-rail line in Florida could be potential national showcase. The assurance of future federal funding is a key first step in attracting necessary private-sector investment, said Michael Cant, vice president of financial advisory services, SMI International Financial Advisory Group, Montreal. He led a session on private-sector financing this month at a conference in Orlando
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.