Tuesday 4 October 2022

Switzerland to Take Part in Bi-Oceanic Train Route Through 5 South American Countries

Paying the bills

Latest

Black jaguar is captured by camera traps in the Cordillera de Talamanca

QCOSTARICA - A jaguar with melanism (an increase of...

Border crossing with Panama restored, but trade conflict continues

QCOSTARICA - The temporary blockade that a group of...

Costa Rica begins with vaccination against Covid-19 in children

QCOSTARICA - The Caja Costarricense de Seguro Social (CCSS)...

The Best Online Casinos You Can Use Anywhere In The World

There’s nothing worse than having a winning streak on...

Business sector call for declaration of national emergency due to poor road conditions

QCOSTARICA - The Unión Costarricense de Cámaras y Asociaciones...

Heavy rains caused landslides and road closures

QCOSTARICA - The heavy rains on Monday caused landslides,...

Tourism dynamism does not reach all small businesses

QCOSTARICA - It is estimated that, by the end...

Dollar Exchange

¢625.74 Buy

¢631.33 Sell

04 October 2022 - At The Banks - BCCR

Paying the bills

Share

Switzerland has officially joined the bi-oceanic train project that will connect five South American countries as well as the Pacific and Atlantic Oceans by as soon as 2024.

On December 14, President of Bolivia Evo Morales and Minister of Public Works Milton Claros will travel to Berne, Switzerland to sign an agreement specifying private investments in the project. (Twitter)

On December 14, President of Bolivia Evo Morales and Minister of Public Works Milton Claros will travel to Berne to sign an agreement specifying private investments in the project. Officials will sign a declaration of intention confirming Swiss participation in the massive railway project, which will require around US$10 billion, according to initial projections, and will traverse a total of 3,600 kilometers.

“We need to apply modern technology in order to cross the mountain range from Bolivia to Peru, and then come down (about 3,000 meters) to sea level,” Claros said.

- Advertisement -

Switzerland’s support is vital due to its experience with high-tech trains transporting passengers and cargo through diverse geographical areas. The contracts confirm the country’s involvement in planning, construction and supply of locomotives and train cars, as well as maintenance.

The project is a public-private partnership involving China, Germany, Switzerland and various countries from the region. The project began with Bolivia, Peru, Brazil, Uruguay and Paraguay but may also include Argentina.

The train will start in Puerto Santos, Brazil, enter Bolivia through Puerto Suarez and pass through the eastern municipalities of Santa Cruz, Montero and Bulo Bulo before reaching La Paz. From there, it will travel to Port of Ilo, Peru, thus connecting the Atlantic and Pacific Oceans.

Sources: El Deber; RPP; Swissinfo

- Advertisement -
Paying the bills
Avatar photo
Q Costa Rica
Reports by QCR staff

Related Articles

Best Things To Do in Costa Rica

Stunning beaches, lush rainforests, mountains with waterfalls, and charming old towns...

Argentines dump their currency in northern provinces and trade with Bolivian money

Q24N (MercoPress)  With the Argentine economy in shambles, inflation out of...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.