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California seeks $1B annual funding and naming rights to sustain high-speed rail progress.
California is exploring naming rights deals and a proposed $1 billion annual funding boost to help alleviate the financial challenges facing its high-speed rail project, according to recent reports.
Officials hope these revenue streams could support ongoing construction and operations, particularly between Fresno and Bakersfield, where progress continues despite delays and budget concerns.
The state has not yet finalized any agreements, but the strategy reflects growing efforts to secure stable funding for the long-term project.
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California busca $ 1 mil millones de fondos anuales y derechos de nombre para sostener el progreso del ferrocarril de alta velocidad.