USD/BTC = $96,312
Block 876,476
A new train line would link Mexico to the U.S. through Arizona and Texas, connecting the two countries along the border.
The new railways, proposed by the Mexican government, would connect to the U.S. at two points along the southern border, providing direct connections from American cities to Mexico's capital.
Incoming Mexican President Claudia Sheinbaum announced the railway expansion on November 28, allocating $7.7 billion to the project, which will be built in 2025.
Sheinbaum said construction work would begin in April 2025 onthree different routes the government had set out in July, one of which was a direct line between Mexico City and Nuevo Laredo, a city along the border from Laredo, Texas.
This passenger line would extend to a distance of about 680 miles, with an estimated cost of about $22 billion.However, the cost of many railway projects in Mexico has exceeded initial expectations and the construction program has historically suffered from debt problems.
Wonder if this would make things better or worse with US and Mexican relations. I know this would make it somewhat cheaper to travel and reduce time waiting at the boarder in a car. Let’s see if the Mexican government can pull this off.