Will Costa Rica's grand electric railway plans get over the line?
[...]Alvarado announced plans to develop the Limón Electric Freight Train Project (Teica) in December 2018, which will connect with the key Caribbean container port of Moin and be used to transport goods such as pineapples, coffee and medical instruments, with a future link to Nicaragua envisaged. I...
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Veröffentlicht in: | International Railway Journal 2021-08, Vol.61 (8), p.42-44 |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | [...]Alvarado announced plans to develop the Limón Electric Freight Train Project (Teica) in December 2018, which will connect with the key Caribbean container port of Moin and be used to transport goods such as pineapples, coffee and medical instruments, with a future link to Nicaragua envisaged. In a recent interview, Mr Dante Mossi, Cabei's executive president, said confidence in Costa Rica's rail project was such that support was forthcoming from all the member countries for the $US 550m loan, "the largest ever approved by the bank." The difficult situation was emphasised earlier this year when the International Monetary Fund (IMF) launched a $US 1.8bn rescue package to save the Costa Rican economy from a potential collapse. [...]while membership of the OECD has raised Costa Rica's influence in the international financial community, Alvarado's opponents argue that the project is too expensive in the current climate. Previous studies of the project have projected net benefits of more than $US 3bn, ranging from the benefits in journey time savings, reductions of environmental and ncise pollution, and traffic accidents. |
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ISSN: | 2161-7376 |