MercoPress, en Español

Montevideo, May 13th 2021 - 22:29 UTC

 

 

China-backed railway projects gain momentum in Chile and Argentina

Wednesday, March 24th 2021 - 14:50 UTC
Full article 49 comments
Presidents Sebastián Piñera and Alberto Fernández agreed in January to promote a Southern Trans-Andean Railway system. Presidents Sebastián Piñera and Alberto Fernández agreed in January to promote a Southern Trans-Andean Railway system.

The government of Chile Tuesday unveiled 15 brand new railway units made in China, with which the South American country intends to revamp its train service both for passengers and cargo.

The machinery was received during February and March in separate shipments and was now put together for display by the administration of President Sebastián Piñera.

The announcement came one week after an Argentine consortium FCUP, which largely favours a bioceanic railway network, appointed a new board of directors. Sustainable train service is also required is Vaca Muerta is to become profitable.

The Chilean trains, worth 87 million US dollars according to the Chinese Xinhua news agency, is expected to benefit 1.2 million passengers.

Chile's Transport and Telecommunications Minister Gloria Hutt said the state-of-the-art trains will operate on the Biotren, Corto Laja and Victoria-Temuco lines in southern Chile's Biobio and La Araucania regions, doubling the current speed of train travel and offering “a very high standard for moving people.”

Meanwhile, the Unión Pacífico Railway Consortium (FCUP), which plans to reactivate 1,400 km of railways of the old General Sarmiento line with an investment of $ 2,300 million US dollars, chose Walther Marcolini -mayor of the city of General Alvear in the Argentine province of Mendoza- to become its new CEO. Other officials of places along the train's existing -yet abandoned- line were appointed to the board.

”We continue to advance with the agreement with the UTE China Argentina. It is hard work that takes about two years. What is new for this type of business is that UTE (which is made up of the Chinese companies China Railway 17 TH Bureau Group Co. Ltd, China Energy Power Design Institute Co. Ltd and the Argentine company Energía Patagónica S.A.) provides the consortium and the development of our country with the possibility of executing the work and obtaining the necessary financing for it,” said Alejandro Orlando, General Manager of the FCUP Consortium and Secretary-General of the Economic Federation of Mendoza.

The main goal is to promote the railway corridor through a bimodal system (truck + train) that crosses the 33rd parallel and links the Atlantic coast of Argentina with the Pacific Ocean ports of Chile, where Chinese endorsement of this kind of endeavours also runs high.

In September 2019, Chilean President Sebastian Piñera launched the “Chile on track,” program, a plan to invest more than 5 billion dollars to modernize the country's rail network. And Chile's State Railway company chairman Pedro Pablo Errazuriz, Tuesday praised the “powerful work” of the CRRC Sifang-Temoinsa consortium, saying the quality was “foolproof.” The consortium comprising Chinese company CRRC Sifang and Chilean firm Temoinsa won the tenders to build new trains for Biobio and La Araucania in 2018 and 2019.

The FCUP project also foresees collateral developments of each regional economy, since the agreement with UTE allows for possible additional Chinese investments in this regard.

Piñera and Argentine President Alberto Fernández have reportedly signed earlier this year an agreement to promote the Southern Trans-Andean Railway network.

Top Comments

Disclaimer & comment rules
  • Jack Bauer

    Pugol-H

    Important things first : by the sound of it, you are well...Good !

    Now to the unimportant .....yep, it stood out like a sore thumb.....

    When TiTMonde started with “Do you people EVER think any other way that is not some defensive provocative statement?”, I agreed with him (miracle !)..... but then he went and spoiled it by adding “When is Britain ever going to stop disseminating a sentiment of confrontational competitive or depreciative antagonism about the rest of the countries in the world !”

    My immediate reaction was to ask myself, as they say here “o que o cú tem a ver com as calças ?”...... which freely translated means “what has the asshole got to do with the trousers ?”

    But the inherent need to bring everything down to a common denominator, in this case “it's the Brits fault”, is as inevitable as sh*t attracting flies....

    Maybe the asshole and the trousers are related after all ....

    Mar 27th, 2021 - 04:44 pm +1
  • Think

    Yeahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh...!
    Now we will be able to quickly invade Shile with our pretty Granaderas...
    https://m.youtube.com/watch?v=zRzbCpVMRY8
    (Try to focus on them hats to decipher... ;-)

    Mar 24th, 2021 - 04:24 pm 0
  • Trimonde

    Jezuss Think!! Do you people EVER think any other way that is not some defensive provocative statement?! When is Britain ever going to stop disseminating a sentiment of confrontational competitive or depreciative antagonism about the rest of the countries in the world! If it is not about their own situations, it is about Britain's relationship with them. Can you people ever think differently??! Why does Britain always have to be the thorn in everyone's foot who's good favors they are not seeking!? Is it because your's is a country that now believes belligerency and war are it's optimal means for thriving and continuing to grow its wealth? And is this the reason ZERO people in Britain now believe a world without wars, even as a goal, is possible?

    Mar 25th, 2021 - 11:33 am 0
Read all comments

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!