LOS ANGELES—China Railway International USA CO., and XpressWest have agreed to form a joint venture that will accelerate launch of the XpressWest rail project connecting Las Vegas, to Los Angeles.

Also known as the "Southwest Rail Network," the project will develop, finance, build and operate the a network with stations in Las Vegas, Victorville, CA, and Palmdale, CA, and service throughout Los Angeles. The decision to form a joint venture is the culmination of years of work and builds upon the significant accomplishments of XpressWest.
Supported by $100 million in initial capital, this new high-speed rail line, approximately 230 miles (370 km) in length, in length, is expected to drive new economic development and grow tourism. The partners are currently involved in regulatory and financial groundwork, and it is expected that construction will begin within the next 100 days.
XpressWest is a private interstate high-speed passenger railroad company led by the Marnell Companies and dedicated since 2007 to developing a high-speed passenger rail line connecting Las Vegas to Los Angeles.
China Railway International U.S.A. CO., LTD. is a newly-formed Nevada limited liability company owned by a consortium of the world's premier experts in designing, building, financing and operating high-speed passenger rail projects, including: China Railway Corporation, China Railway Engineering Corporation, CSR Corporation Limited, China Construction America, Inc., and China Railway Signal Communications Corporation.