Costa Rica: $345 million for Metropolitan Train Project

There are six companies interested in the 35-year concession of the Metropolitan Electric Train (TREM).

Wednesday, March 25, 2009

The project would involve the construction and operation of an electric train. The first section would be between San Jose and Heredia. The total investment is $345 million of which the state will provide $100 million and the remainder would be the responsibility of the concessionaire which will have 35 years to recover the investment.

An article in indicated that the Ministry of Transport and Public Works has six international companies interested in the project, "Alston (France), CAF (Spain), Inekon Group Corporation (Czech Republic) and Siemens (Germany), Bombardier (Canada) and Golden Source International Economic (China.) "

The ministry said it expects to award the project in 2010 and the first tranche could operate in 2013.

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