In February 2009, the government of Portugal announced plans to build a high-speed rail line from Lisbon to Madrid; this plan was cancelled in March 2012 amidst a bailout programme of financial assistance to the Portuguese Republic. The project was valued at €7.8 billion and the government had claimed it would create 100,000 jobs. The line would link to Spain's Southwest Corridor. In October 2020, the Portuguese government proposed a 75 minute rail link between the cities of Lisbon and Porto and a 55 minute rail link between Porto and Vigo (Spain). These new links will connect with the current railway system in Leiria, Coimbra, Aveiro and Braga (besides the already mentioned cities), diminishing travel times overall in the country. More information...
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