Date: 28/05/2009
Europe's engineering and rail companies are lining up for some potentially lucrative U.S. contracts for high-speed rail projects. At stake is $13 billion in stimulus funds that the Obama administration is allocating to upgrade existing and build new rail lines that one day could rival Europe's best.
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Wall Street Journal Item
American plans for funding high-speed rail lines are raising hopes at Alstom, Siemens and others.
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