Ferroviaria Oriental seeks US$906mn for railroads

- Monday, July 19, 2004

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Bolivian railroad operator Ferroviaria Oriental is seeking US$906mn for three rail integration projects according to general manager, Jaime Valencia, El Mundo reported.

One project would be an extension to the railroad from Santa Cruz city to Yapacaní in Santa Cruz department costing US$6mn, which would be extended to Beni department through the use of old railroad tracks, and would take an estimated two years to complete.

This project would have an agricultural catchment of one million hectares, opening up export opportunities for soy and peanuts, amongst other crops.

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A second project would be the union of the Motacusito-Mutún-Puerto Busch railroad in the far east of Santa Cruz department in the frontier region with Brazil. No cost was given for this project.

The third project would be a link between the country's eastern and western railroads to provide a rail link to the Pacific Ocean. Construction of the northern Yapacaní-Cochabamba route would require US$400mn, while a southern link via Tarabuco would cost US$500mn. Both routes would take five years to complete.

Ferroviaria Oriental would like to undertake these projects before 2010.

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