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Government of Mexico to invest in rail projects [free access]

October 8, 2020

The Government of Mexico has announced plans to invest over MXN297 million in 39 projects in communications, transport, energy, water, and environmental projects. These projects will also be financed by private sector players.

 

For the transport sector, it has announced three rail projects. These projects will collectively span around 300 km. They will be executed at an estimated investment of over MXN80 million.

 

The Mexico City suburban rail line will be extended by 25 km to offer connectivity to the Felipe Ángeles International Airport (AIFA) by March 2022. The rail line extension will be developed at an estimated investment of MXN12.565 million. Works are expected to begin by March 2021.

 

The Mexico City–Querétaro high speed rail (HSR) line will span 210 km. It will be developed at an estimated investment of MXN51.30 million. Works are expected to begin by June 2021.

 

The García–Monterrey International Airport suburban rail line will span 62 km. It will connect Apodaca, Monterrey, San Nicolás, San Pedro Garza García, Santa Catalina, and García. It will be developed at an estimated investment of MXN19.81 million. It will have an estimated daily ridership of 164,000 passengers. Works for the project are expected to begin by December 2021. Passenger services are expected to begin in 2025.

 

(1 MXN [Mexican Peso] = 0.04 USD)