New Orleans considering P3 for railroad

New Orleans officials are considering improvement options for the Public Belt Railroad, a system that includes 25 miles of railroad track that connects six rail lines to the New Orleans port and industrial facilities. The city-owned railroad is in need of capital improvements. While the city may invest the necessary funds outright, officials are also considering a public-private partnership (P3/PPP) with a private operator. The city plans to solicit proposals from potential P3 partners. Initial proposals will be non-binding in order to gauge interest.

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