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 growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.