Current:Home > StocksMexico will build passenger train lines to US border in an expansion of its debt-laden rail projects -GlobalInvest
Mexico will build passenger train lines to US border in an expansion of its debt-laden rail projects
View
Date:2025-04-13 02:26:49
MEXICO CITY (AP) — Mexico’s massive, debt-fueled passenger rail building program is not going to end with the administration of outgoing President Andrés Manuel López Obrador, but will instead double, he said Wednesday.
López Obrador said his successor, President-elect Claudia Sheinbaum, is planning to build three passenger train lines running from the capital to some cities on the U.S. border. López Obrador and Sheinbaum agree she will build about 1,850 miles (3,000 kilometers) of passenger rail, double the amount he built.
Sheinbaum said the trains would be electric and would run at speeds of up to 100 mph (160 kph). Almost all of Mexico’s current freight trains run on diesel.
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.
Sheinbaum said she was also planning a train line from Mexico City to the western city of Guadalajara, for about another $3 billion, and said that rail line could be extended to border cities like Nogales, across from Nogales, Arizona, or other border cities further west if there was time in her six-year term.
Sheinbaum’s plan will involve army engineers directing private contractors to build passenger lines along the same rights-of way currently used by private concessionary operators to move freight.
That could involve moving the existing rail lines to make way for the new tracks, which might mean some disruptions to current freight service if existing lines have to be moved.
López Obrador had previously demanded that freight line operators provide passenger service as well, but that plan has apparently been shelved.
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 have been invaded by squatters.
Current private concessionary rail operators said they had no immediate comment on the plans, or did not respond to requests for comment.
López Obrador said the project is expected to be nearly double the size of his own railway building programs, which included the $30 billion Maya tourist train on the Yucatan Peninsula, a railway across the Isthmus of Tehuantepec linking the Pacific and Gulf coasts, and a commuter railway linking Mexico City to the nearby city of Toluca.
The cost of those railways has led López Obrador’s administration to post a budget deficit of nearly 6% of GDP this year, while experts question how much the trains will actually be used in a country where most travelers currently use cars, buses or airlines to cover the thousands of miles the routes involve.
Observers say one of the key problems is that López Obrador’s rail lines — and apparently Sheinbaum’s as well — have been planned with a “build it and they will come” attitude, with little real effort to identify whether there is enough demand to justify passenger service to far-flung border cities.
There is little passenger rail infrastructure in U.S. border cities to provide connections for any Mexican rail lines that might be built.
López Obrador and Sheinbaum both belong to the Morena party, and Sheinbaum was elected on a pledge to continue or expand all of López Obrador’s policies.
The outgoing president has always said he regrets Mexico’s decision to hand over the poorly run national railways to private operators in the 1990s, when they largely dropped unprofitable passenger services.
But he also sees building rail lines as a way to create jobs and stimulate domestic growth.
“What does this mean?” López Obrador said. “Jobs, lots of jobs.”
___
Follow AP’s coverage of Latin America and the Caribbean at https://apnews.com/hub/latin-america
veryGood! (4945)
Related
- Intellectuals vs. The Internet
- Healthiest yogurt to choose: How much protein is in Greek, Icelandic, regular yogurt?
- Dr. Phil causes stir on 'The View' with criticism about COVID school shutdowns
- Disney sued after, family says, NYU doctor died from allergic reaction to restaurant meal
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- U.K. companies that tried a 4-day workweek report lasting benefits more than a year on
- Review: Dazzling 'Shogun' is the genuine TV epic you've been waiting for
- Her air-ambulance ride wasn't covered by Medicare. It will cost her family $81,739
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- How do you get lice? Here's who is most susceptible, and the truth about how it spreads
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Dan + Shay sass Reba McEntire during 'The Voice' premiere: 'Don't let her sweet talk you'
- Iowa county is missing $524,284 after employee transferred it in response to fake email
- Does laser hair removal hurt? Not when done properly. Here's what you need to know.
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- AT&T 'making it right' with $5 credit to customers after last week's hourslong outage
- Who can vote in the 2024 Michigan primary? What to know about today's election
- 3-year-old fatally shot after man 'aggressively' accused girlfriend of infidelity, officials say
Recommendation
Intel's stock did something it hasn't done since 2022
Powerball winning numbers for Feb. 26, 2024 drawing: Jackpot rises to over $400 million
NFL scouting combine is here. But there was another you may have missed: the HBCU combine
Alec Baldwin's 'Rust' trial on involuntary manslaughter charge set for July
New data highlights 'achievement gap' for students in the US
Anne Hathaway Revives Her Devil Wears Prada Bangs With New Hair Transformation
Anne Hathaway Revives Her Devil Wears Prada Bangs With New Hair Transformation
Tax refunds are higher so far this year, the IRS says. Here's the average refund amount.