Venezuela has a limited national railway system, which has no active rail connections to other countries; the government of Hugo Chávez invested substantially in expanding it. Several major cities have metro systems; the Caracas Metro has been operating since 1983. The Maracaibo Metro and Valencia Metro were opened more recently. Venezuela has a road network of around 100,000 km (placing it around 47th in the world); around a third of roads are paved.
Venezuela awards contracts worth $2.2 billion to build two new railway lines. Construction on the two new lines connecting San Juan de los Morros to San Fernando de Apure and connecting Chaguaramas to Cabruta is expected to begin in Q2 2006 and is expected to take six years to complete.
April 2006 in rail transport.
In October 2006, Venezuela opened a new Caracas-Cúa railway, the first new railway in the country for 70 years
"Towards the end of this month, we would have final discussions with Mittal Steel," said Mr Kapur, adding that the initial discussions took place in March. Moreover, Ircon is also likely to construct a new rail line in Venezuela at an estimated cost of $350 million.
August 23, 2008, a deal was signed between Argentina (Argentina), Brazil (Brazil) and Venezuela to develop an electrified railway link between these countries. A minor hurdle is the use of both 50 Hz and 60 Hz.
July 5 - meeting between Venezuela, Colombia (Colombia) and Ecuador (Ecuador) regarding a railway for freight and passengers to link the three countries, and linking the Pacific with the Atlantic also.