For over two decades many investors and developers in both California and Nevada have lobbied and worked together to develop a train that could travel from Southern California to Las Vegas in a record time, lowering the traveling costs and consequently, increasing the amount of people interested in visiting Sin City.

But now, the possibility of having a new high speed magnetic levitation train connecting Las Vegas and Anaheim, California can finally become a reality thanks to the efforts of Nevada Gov. Jim Gibbons and California Gov. Arnold Schwarzenegger and their commitment to work on the highly expected project.

Gov Gibbons, who is planning to travel to California to discuss the details of the project with Gov. Schwarzenegger, says the train should be a candidate for federal economic incentive funds. The construction of the magnetic line, which would have a total cost of $12 billion to $13 billion, would also create hundreds of positions in both states and, once it is finally constructed, it would also reduce the cost and time of traveling between Las Vegas and Anaheim to less than 90 minutes.

About six months ago, the Democratic Sen. Harry Reid, introduced a bill that will commit a total of $45 million in funding to run a study that will calculate the environmental impact of the route. President elect Obama and his team have also been working with Congress on an economic stimulus package to improve the national infrastructure and create jobs in all over the United States territory.

However, and even if the constructions works start tomorrow, having a fully operational MagLev train would take at list a decade, including the two years needed to complete the environmental study. The maglev, or magnetic-levitation train, needs a special set of rails to suspend the train above the track by using a magnetic field, which helps the train to reduce friction and increase the speed to up to 300 mph.

"We certainly think some sort of facility like maglev, a high-speed rail system between Southern California and southern Nevada, is needed. No doubt about that." said Jacob Snow, general manager of the Regional Transportation Commission of Southern Nevada.

Supporters of the project will gather next month to announce how they plan to raise $11.25 million in matching funds needed to access the federal funding. The money raised will also help them to open an office in Las Vegas, start paying a staff member who has been working on a volunteer basis and launch a new informative site.