Trains For America

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Venezuela and Cuba cooperate on rail improvements

There are, I am sure, a thousand sarcastic one-liners on this one. I just report the facts and let the chips fall. (Wonder if they lit up any good cigars after inking the documents?)

The entire report can be located in Granma International.

Representatives of the Venezuelan Economic and Social Development Bank (BANDES) and the Cuban Foreign Bank signed the agreement granting $100 million to upgrade rail tracks, signals and communications.

Jorge Luis Sierra, Cuban transport minister, stated that this action “will increase the speed of our trains from 40 to 100 kilometers per hour, have a direct impact on transportation capacity and multiply the country’s current rail fleet.”

He added: “With this credit, the lines can be completely restored to bring them up to their original design conditions for freight or passenger traffic.”

Sierra noted that the Cuban railroad system deteriorated badly during the Special Period and stated that now, as the economy is becoming consolidated, is the time for its reestablishment.

He also explained that Cuban specialists are working in Venezuela on a parallel project to upgrade and extend that country’s railroad system, abandoned for more than 30 years.

Filed under: International High Speed Rail

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