Guatemala: Rail Investment DenialThere is an old saying that if something looks too good to be true, it probably is ...Tuesday, May 24, 2011
The U.S. company Railroad Development Corp. (RDC), which owns the railway concession in Guatemala, has denied having reached an agreement to sell. Source: elperiodico.com.gt Proposals for Freight Train in GuatemalaJanuary 2014 The government is considering various options for the revival of rail freight in the country. Guatemala to Review Rail ContractsSeptember 2013 After the transfer of the controlling interest to the State, the company will review existing contracts with rail customers. A Light at the End of the Tunnel for Guatemalan RailwayJuly 2012 After the court decision that awarded the Guatemalan State the rights to the railroad, President Perez Molina has announced interested in its recovery. Guatemala: Korean Company agrees to Purchase FerrovíasJanuary 2012 Representatives from YooChang Construction announced an agreement to purchase 82% of the shares of the Railroad Development Corporation (RDC), owner of Ferrovías.
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