SNCF interested in Texas’ high-speed rail project

France’s state-owned rail company SNCF is exploring a possible investment in Texas bullet trains. Alain Leray, president and chief executive of SNCF America Inc., and a colleague attended a two-hour meeting of the Texas high-speed rail commission and later met privately with officials planning the project. The high-speed rail commission was formed more than a year ago by the Texas Department of Transportation to plan for a possible bullet train network connecting Houston, Dallas, Arlington, Fort Worth, Austin and San Antonio. The possible creation of a high-speed rail system has already garnered interest from national and foreign investors.