news
Caracas Revives 17-Year-Old Rail Projects With New Funding Round
Current funding rounds build on projects that began nearly two decades ago and remain incomplete.
How we reported this
The Caracas-Tuy Medio Rail Project secured a US$200 million grant from the Andean Development Corporation in 2024, bringing CAF's total contribution for Stages I and II to US$360 million.
Origins in national rail goals
This initiative forms part of a broader national effort to build a 4,000-km rail network connecting major ports and cities, with an additional US$100 million in CAF financing approved for the Caracas-Tuy Medio line. The grant arrives after years of uneven progress on larger transport schemes that date to the late 2000s.
Multiple Caracas Metro expansions launched between 2007 and 2012, including Line 2 at 77 percent completion and Line 5 at 62 percent completion, stay stalled as of 2025. These lines were intended to extend service across the capital but have not advanced despite earlier commitments.
Parallel road efforts and smaller interventions
The Boyacá Project, a US$1.5 billion plan to construct 10.3 km of roads that include the Baralt Tunnel and Macayapa Interchange, stands less than 50 percent finished as of 2025. Meanwhile the Caracas City Council's 2024 Territorial Action Plan advances more than 60 small-scale projects focused on road repair, lighting and water systems, intended to reach more than 200,000 residents in the city's main communes.
These local works follow three earlier cycles that delivered 46 projects benefiting over 80,000 families across 11 parishes through popular consultation involving 18,000 participants. The pattern shows repeated attempts to address infrastructure gaps through both large-scale grants and neighborhood-level repairs.
CAF documentation from the current round and city council records on the Territorial Action Plan supply the figures on financing totals and project counts. The 2007-2012 metro timelines and their current status appear in project summaries that list the stalled percentages for Line 2 and Line 5.
City agencies continue to allocate resources to both the rail stages now funded by CAF and the ongoing small-scale works under the fourth cycle of the Territorial Action Plan.