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In 2014 tenders have been called for the build–operate–transfer of a high-speed rail line between Mexico City and Querétaro. This line would be 210 kilometres (130 mi) long, 16 kilometres (9.9 mi) on viaducts and 12 kilometres (7.5 mi) in tunnels, with a design speed of 300 km/h (190 mph). Expected completion date was by the end of 2017.
An alternative study by a public policy think tank in 2019 estimated the cost of the project would be 480 billion pesos (US$25.3 billion), supported by the 90 percent cost overrun on the Toluca–Mexico City commuter rail project. [20] In October 2021 Fonatur revised the construction estimate to 200 billion pesos. [30]
The whole project was projected to cost 240 billion pesos, or about 25 billion dollars. [13] Despite Mexican billionaire Carlos Slim's expressed interest in investing in high-speed rail, [15] no progress was made on the proposal. President Enrique Peña Nieto proposed a return to services of intercity trains.
López Obrador also acknowledged there could be big costs associated with confining the expected high-speed rail lines with walls or fences, and costs associated with recovering rights-of-way that ...
Sheinbaum said she was planning to build a passenger line from Mexico City to the border city of Nuevo Laredo — across the border from Laredo, Texas — a distance of about 680 miles (1,100 kilometers) at a cost of about $22 billion. However, the cost of most recent railway projects in Mexico have ballooned far above initial estimates.
In August 2023, the website Railtech.com reported a number of InterCity 125 high-speed train sets, originally built for British Rail, had been seen at the Port of Great Yarmouth being loaded on to a ship bound for Mexico. Unconfirmed reports suggested this second-hand rolling stock was bound for the Ferrocarril del Istmo de Tehuantepec.
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California's high-speed rail project faces pushback from the incoming Trump administration. But state leaders on Monday expressed their resolve that it would one day connect Los Angeles to the Bay ...