Mexico City, Jan 30 (IANS/EFE) Mexico's federal government and officials from the central state of Queretaro have signed an agreement to build a high-speed rail system, an official said.
The train will be able to cover the approximately 200 kilometers (124 miles) from Mexico City to Queretaro city in less than two hours, Communications and Transportation Secretary Gerardo Ruiz Esparza said.
The train will have state-of-the-art technology and operate at speeds of up to 180 kph, official said.
The project will cost between 25 billion and 32 billion pesos ($1.95 billion and $2.5 billion), with the federal and state governments funding the project, Ruiz Esparza said.
Engineeering studies are to be completed in late February or early March, with the train expected to start operating between 2015 and 2016.