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Germany to build maglev railway

From the Beeb: Germany to build maglev railway
"The 1.85bn-euro ($2.6bn; £1.3bn) project had faced financing problems.

However, the Bavarian state government said it had signed an agreement with rail operator Deutsche Bahn and industrial consortium Transrapid that includes the developers of the train - Siemens and ThyssenKrupp."

Well if someone had to do it, I am glad it isn't us. I suspect this is another in a long line of transportation white elephants. Part of a successful investment strategy is not only picking winners but culling losers. $2.6B for an airport access link that will shave a few minutes off the line haul time to downtown (and only downtown) hardly seems the best of investments.

Posted by David Levinson on September 27, 2007 08:33 PM |

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