Mexican inter city rail project seeks investors

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Guanjuato in central Mexico has proposed a double track rail link stretching 144km between its major cities. The Americas International Capital (AICC) has been appointed as a financial consultant and to source funding and procurement for the project.

The Metropolitan and Intermuncipal State Train (Temi), a company set up for the purpose of the project, is hoping that if the project goes to plan the railway line will connect five of the largest cities across the state - León, Irapuato, Celaya, Salamanca and Silao - and may also connect to neighbouring states.

It has been reported that the development stage could cost a total of US$2-2.5 million. The project was previously put on hold due to financial constraints during Covid-19 but conditions are said to have improved but the project will rely on private finance under a revised financial structure.