The Executive presented before the Legislative Assembly the draft law of the loan contract with the Central American Bank for Economic Integration, which will be used for the construction of the Passenger Electric Train of the Great Metropolitan Area.
The Central American Bank for Economic Integration approved a loan to the government of Costa Rica to finance part of the project "Fast Passengers Train of the Great Metropolitan Area."
The investment in infrastructure and equipment of the project represents $1.298 million, which is expected to be executed under the modality of Public Private Partnership, with a state contribution of $550 million, which will be provided by the Central American Bank for Economic Integration (CABEI), according to a statement from the financial institution.
The long-awaited railway connection between the two countries depends on the rehabilitation of the Doctor Rodolfo Robles bridge in Ayutla, San Marcos, which would be done this year.
According to the Guatemalan Ministry of Communications, under current conditions the bridge cannot support the load of a locomotive and using that section would be a high risk.
The rail transport system that would cover a 390 km distance and whose construction would last six years, contemplates in the future a possible expansion towards the border with Costa Rica.
China Railway Design Corporation worked with several Panamanian companies that supported the economic, geotechnical, soil, capacity and demand analyses of the Panama-David train feasibility study.
In Guatemala, it is proposed to develop an underground metro that would connect in its initial phase the municipality of Mixco with Zone 15 of the capital and would require a $700 million investment.
The new project proposed is in addition to the several proposals and attempts that have been made to implement a mass transportation system in the metropolitan area of Guatemala, which resolves at once the serious problem of road congestion affecting the capital. Thus, in addition to the Metro Riel project and the urban cable cars between Mixco, Villa Nueva and the capital, a new initiative has now been added to build an underground train.
A proposal has been made to build an elevated monorail metro system, which would use three circuits with a 40 kilometers lenght to connect the city from La Sabana to Curridabat.
The consulting firm Monorrieles de Costa Rica, S.A. presented the project, which consists of developing an integral public transport system in the metropolitan area of Costa Rica, for which they would build an Elevated Monorail Metro, which would function as a collector-disperser transit system.
Due to the lack of rolling stock for operating the service in the GAM, the Incofer has announced that it is processing the purchase of between eight and ten new trains.
The train collisions that happened in the years 2016 and 2017, have meant that currently only seven of the 13 Apollo trains are in use in the system, therefore the Costa Rican Railway Institute (Incofer) has had to reduce trips.
The government of Costa Rica wants to develop the project with the help of a private partner, who would contribute $1.3 billion for construction, among other things, of the new railway, wiring, tunnels and monitoring systems.
The project to build a rapid train service connecting Alajuela to Cartago, and which would fix the transportation problem affecting the Greater Metropolitan Area, requires a total investment of close to $2 billion, of which $1.3 billion would have to be contributed by a private company, through means of a concession for both the construction and operation of the line.
The electric train planned for development in Costa Rica would cover a length of 80 kilometers of track, and the physical infrastructure of the project alone would have an estimated cost of $1.353 million.
At the end of December 2017 the Instituto Costarricense de Ferrocarriles presented an Environmental Impact Study (EIA) to build an electric train transport system in the Greater Metropolitan Area (GAM).
From January to September 2017, companies in Costa Rica bought $51 million worth of electrical transformers from abroad, 28% more than in the same period in 2016.
Figures from the information system "Market for Electric Transformers and Converters and Reactor Coils in Costa Rica" , compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
With $40 million from the state insurer, the Costa Rican Railway Institute could bring back into issue the railway line from Río Frío de Sarapiquí to the port of Limón.
Although the efficiency in the planning and execution of projects is not something that Instituto Costarricense de Ferrocarriles is famous for, the initiative to restore the railroad and reimplement the container transport service from the port of Limón to Río Frio could, if it finally materializes, help improve the damaged reputation of the state run railway company.
After a long process, a $7 million contract to install traffic lights and points on 91 railroad crossings in the Greater Metropolitan Area has finally been awarded.
Since the tender was announced at the end of last year, the process came up against several obstacles which caused delays, such as appeals by the state railway company and participating companies.
Three underground railway lines with a large central exchange station is the basic concept for a project valued at $6 billion.
The Costa Rican College of Engineers and Architects (CFIA) started work on this project in 2014 and has now submitted it to the Ministry of Transport and Public Works (MOPT), in the form of a pre-feasibility study.
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