Tim Kieth is the new CEO at Texas Central Rail. He is:
- from Dallas
- previously at RREEF/Deutsche Bank Infrastructure Investments, serving as global chief executive officer for 10 years
Texas Central Rail also garnered a $75 Million investment from:
- John Kleinheinez
- Drayton McClain
- Jack Matthews
One notable supporter, Senator Don Huffines, breaking from other conservative Senators Like Kolkhorst, who filed bills this year to limit the rail’s eminent domain authority:
Today’s announcement demonstrates that Texans are willing and eager to invest in a private sector, free market solution to moving Texans across our great state. I applaud Texas Central Railway for developing the project to this point and look forward to boarding a train from Dallas very soon. This private sector project will help decrease our reliance on the overcrowded, underfunded, outdated interstate highway system that is in desperate need of more funding, expansion, and repair.
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