Mexico City-Toluca train delayed until middle of next year

The start date for the Mexico City-Toluca passenger train has been postponed yet again, although the head of the federal Secretariat of Communications and Transportation (SCT) said he was satisfied with the progress.

Gerardo Ruiz Esparza said the service could begin operating early next summer, in what he said experts had described as “record time.”

In February, Ruiz’s department insisted that the project would be finished by the end of this year, with trains operating on the 57-kilometer line at the beginning of 2019.

The project was initiated in June 2015 and scheduled to be finished by December 2017.

Ruiz said it is now 80% complete, and that construction time has been good.

When first proposed in 2014, the train was projected to cost 35 billion pesos but that figure has been adjusted several times and has now risen to 52 billion (US $2.5 billion), although that is rather less than the 59-billion-peso estimate reported at the beginning of the year.

Ruiz cited inflation, variations in the peso-US dollar exchange rate and changes to the route as reasons for the overruns.

“These are adaptations that are made in these kinds of projects . . . the cost so far is reasonable and according to what was planned,” he said.

Ruiz said operation testing will begin in September.

The train will have the capacity to carry 230,000 passengers a day, reducing travel time between Mexico City and Toluca to 39 minutes, and operate at 160 kilometers per hour.

Source: El Economista (sp)

Have something to say? Paid Subscribers get all access to make & read comments.

The MND Peso Index™: Is the Mexican peso over or undervalued against the US dollar?

0
The MND Peso Index™ is a new monthly economic indicator developed by Mexico News Daily that measures whether the Mexican peso is overvalued or undervalued against the US dollar.
The Mayab Highway connecting Mérida and Playa del Carmen

Mexico Infrastructure Partners announces plan to invest US $12B across key sectors

0
Bloomberg reported that around $8 billion of the firm's planned investment would go to renewable energy projects, some $2.5 billion would go to highway projects, $1 billion to midstream opportunities and $500 million to digital infrastructure.
tetra fish

Sighted and blind fish share the same cave in Tamaulipas — and scientists want to know why

0
A new study presents the genetic evidence of how some underground fish lose their sight and others don't. Either way, Mexico's cenote populations are well-equipped to survive with the amount of light available to them, if any.
BETA Version - Powered by Perplexity