El Salvador's Pacific train stuck in design phase
El Salvador’s 500km Pacific train is still in the design stage, the presidential commissioner for strategic projects, Cristián Flores, told a radio station Thursday.
The public works and transport ministry (MOPT) expected this stage to be finished by now.
“The feasibility studies concluded in September last year, which made clear the positive [impact] of this project, and some financial studies were carried out to evaluate freight volume, cost, income and the areas of opportunity for passenger mobility,” Flores added.
Seoul-based Soosung Engineering is responsible for the design. The train will be electric, according to executive ports commission Cepa.
Flores also said that the project is currently being offered to potential investors. “We have had a large number of investors interested in this, who oversee this type of projects in Spain, Mexico and South Korea,” he said.
MOPT and Cepa will oversee the works, carried out in three phases: San Salvador-Acajutla port, Acajutla port-La Hachadura, San Salvador-east of the country.
“During the [feasibility] studies, it was clear that this opens the door for a concession, a PPP, so that a private company may operate it with state participation,” Flores said.
The train is part of the Cuscatlán plan, a campaign promise of President Nayib Bukele.
Last year, it was announced that construction would begin in 2023. In April, the head of the Central American Bank for Economic Integration (Cabei), Dante Mossi, said in a statement that tenders for the first 103km, US$300mn section will be launched this year.
Pictured: Pacific train render. Source: Cristian Flores (@CrisFloresSV)
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Infrastructure (El Salvador)
El Salvador to focus on overpass projects
The country has a string of overpass projects on its plate for 2022.
Cabei launches tenders for El Salvador sports complexes
Sports institute Indes expects to receive bids for all three projects in February and March.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Infrastructure
Get critical information about thousands of Infrastructure projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Cancun Airport Expansion and Modernization
- Current stage:
- Updated:
52 minutes from now
- Project: Nuevo León Children's Hospital
- Current stage:
- Updated:
3 hours ago
- Project: Extension of the Costanera Norte to Route 78 (Road Connection Route 68 - Route 78)
- Current stage:
- Updated:
3 hours ago
- Project: Ciénaga - Barranquilla Highway Widening (Phase 3)
- Current stage:
- Updated:
3 hours ago
- Project: Northwest orbital concession
- Current stage:
- Updated:
3 hours ago
- Project: Bridge over the Paraguay River between Carmelo Peralta (Paraguay) and Puerto Murtinho (Brazil) (Third Paraguay-Brazil bridge Puente de la Bioceánica)
- Current stage:
- Updated:
14 minutes ago
- Project: Expansion and Modernization of the Port of Progreso
- Current stage:
- Updated:
3 minutes ago
- Project: Northwest federal highway, stretch 6: Rosario de la Frontera-Salta (RN 9/34) section 1A
- Current stage:
- Updated:
28 minutes ago
- Project: Oruro - Challapata Double Road Section I (Oruro - Vinto Crossing - Huanuni Crossing)
- Current stage:
- Updated:
9 hours ago
- Project: San Pedro Sula 21st Century
- Current stage:
- Updated:
9 hours ago
Other companies in: Infrastructure (El Salvador)
Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: UDP - GV Uno - Geométrica - Vielca
- Company: Adimex El Salvador SPE, S.A. de C.V.  (Adimex El Salvador)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: La Cantera S.A. de C.V.  (La Cantera)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: UDP ECON - La Cantera
-
UDP ECON - La Cantera is a company formed by Equipos de Construction S.A. de C.V. and La Cantera S.A. de C.V. for the execution of the Periférico Gerardo Barrios (Bypass) projec...
- Company: Dureco El Salvador  (Durman El Salvador by Aliaxis)
-
Manufacturing and distribution of specialized systems for the efficient conduction of water, energy and other resources.
- Company: Comisión Ejecutiva Portuaria Autónoma  (CEPA)
-
Formed in 1965, the state ports authority Comisión Ejecutiva Portuaria Autónoma (Cepa) is responsible for managing the country's Acajutla and La Unión ports, as well as El Salva...
- Company: EMCO Holding Inc.