Brightline Holdings hope to begin construction of its Las Vegas to Los Angeles line by the end of this year to finish in time for the 2028 Olympic Games ©Brightline Holdings

Brightline Holdings chief executive Mike Reininger has claimed that construction on a high-speed railway between 2028 Olympic Games host city Los Angeles and Las Vegas could break ground by the end of the year.

The electric line is estimated to cost $12 billion (£10 billion/€11 billion) and would be able to transport up to 11 million passengers a year covering 218 miles in two hours and 10 minutes.

Reininger is aiming for the project to be finished before the start of the Games.

"If you were going to come out and put yourself on the stage, is there a better way to do that than at the Opening Ceremonies at the '28 Olympics?" he said, as reported by USA Today.

"That is our objective."

The proposed Brightline West line would travel from Las Vegas to Los Angeles suburb Rancho Cucamonga ©Brightline Holdings
The proposed Brightline West line would travel from Las Vegas to Los Angeles suburb Rancho Cucamonga ©Brightline Holdings

Approximately 70 per cent of the cost will come from private investment, while the other 30 per cent is hoped to be supplied by the Federal Government.

Last month, Brightline applied for a $3.75 billion (£3 billion/€3.5 billion) from the Government to fast-track the project

After applying for the grant, a group of California and Nevada lawmakers wrote to the United States' Transportation Secretary Pete Buttigieg expressing their strong support for the grant's approval.

In order to open the rail before Los Angeles 2028, Brightline will need to lay around a mile of track every day for 270 days following years of preparation.   

The line is planned to include three stations, with the main ones in Las Vegas and the Los Angeles suburb of Rancho Cucamonga while the third will be roughly halfway in between the two in Victorville.

The $12 billion high-speed railway would mean it would be possible to travel from Las Vegas to Los Angeles in just over two hours ©Brightline Holdings
The $12 billion high-speed railway would mean it would be possible to travel from Las Vegas to Los Angeles in just over two hours ©Brightline Holdings

"Think about the idea of the Los Angeles Olympics having venues shared and hotel rooms shared between the Los Angeles metropolitan area and the Las Vegas metropolitan area," Reininger said.

"Imagine watching a game at Allegiant Stadium [home of National Football League team Los Vegas Raiders] and getting on a train and going and watching another event in Southern California, in the same day.

"It will be a remarkable showcase."

Reininger claims the railway will end Americans' dependence on cars as "it's faster, it's cheaper, it's more reliable, it's greener."