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Argentina obtained a loan of US$75 million to modernize the Belgrano Sur train

Argentina obtained a loan of US$75 million to modernize the Belgrano Sur train

The works will benefit 65 thousand daily passengers and the objective is to improve the mobility and connectivity of the transport services of the Southwest Corridor of the Metropolitan region of Buenos Aires towards the central area of ​​CABA.

Argentina seeks extend financing lines with European development agenciespossibility that opens after the closing of the Paris Club agreement.

The Passenger Rail Modernization Project in Buenos Aires-Belgrano Sur Line includes the electrification of the line, the renovation of roads and infrastructurenew signaling Y telecommunicationsthe transformation of level crossings, and the enhancement of stations and environments.

After the signing at the end of October of a contract with the IBRD for a loan of US$600 million, sand now made official the loan from the French agency to complete the total amount of the project.

https://twitter.com/SergioMassa/status/1588655969726521344

Source: Ambito

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