Mexico pays $346 million to take over commuter rail line in capital

Construcciones y Auxiliar de Ferrocarriles

23/04/2026 18:19

April 23 (Reuters) - Mexico's government announced on Thursday that it agreed to pay just under 6 billion pesos ($346 million) in a deal with Spanish rail operator CAF and Mexican transport company Omnitren to secure 100% ownership of a commuter rail line connecting the capital and its suburbs.

Mexico's government, led by President Claudia Sheinbaum, will now hold full control of the railway asset after buying the other stakeholders' 51% stake, said Jorge Mendoza, director general of state investment bank Banobras.

Known as the Tren Suburbano, the line was previously controlled by CAF (43.3%), Mexico's state infrastructure fund FONADIN (49%), and Omnitren (7.7%).

The seven-station Tren Suburbano, connecting the north of Mexico City with the surrounding State of Mexico, has operated since 2008. On Sunday, the government is inaugurating a new line connecting the Tren Suburbano to the capital's newest airport, the Felipe Angeles International Airport, and has plans to connect the airport to the city of Pachuca, in the state of Hidalgo.

The total amount of the deal is 5,999,230,000 Mexican pesos, Mendoza said during Sheinbaum's daily press conference.

The government says the train was used by 45.1 million people in 2025.

($1 = 17.3637 Mexican pesos)

(Reporting by Jorge Ollero Castela, Editing by Iñigo Alexander)

((jorge.ollero@thomsonreuters.com))