Mexican inter city rail project seeks investors

By Catrin Jones20 July 2022

(Photo: Adobe Stock)

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.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Interview: Sunward’s global access goals
OEM’s general manager explains the reasons behind its shift into access equipment manufacturing 
How construction firms can unlock the value of AI
Rob Smith, CTO of cloud services provider Creative ITC, explains how as-a-Service IT models are enabling IT leaders to unlock greater return on investment
Skid steers and tracked loaders: the latest electric models
Manufacturers are continuing to invest in electric powered equipment
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA