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)
NGO highlights lack of information on El Salvador infrastructure projects
Due to the low levels of transparency of the institutions in charge of public infrastructure, Acción Ciudadana said the country is on "red alert."
Local firm to build US$250mn free trade zone at El Salvador’s int’l airport
Construction is set to begin in the first half of next year.
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: Carry out the conservation works of the road network and associated public space in the town of Fontibon Bogota DC through the system of fixed unit prices and exhaustible amount
- Current stage:
- Updated:
2 years ago
- Project: Construction of multiveredal aqueduct system of neira phase i
- Current stage:
- Updated:
1 year ago
- Project: Construction of the aqueduct and sewerage master plan for the urban area of the municipality of Venecia Antioquia
- Current stage:
- Updated:
2 years ago
- Project: Improvement of the Circasia Montenegro highway with code 29bqn03 in the municipalities of Circasia and Montenegro, department of Quindío
- Current stage:
- Updated:
2 years 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: Ingenieros y Arquitectos Servicios Especializados, S.A. de C.V.  (INGENYARSE)
-
The description contained in this profile was extracted directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine...
- Company: Enerland Group El Salvador, S.A. de C.V.  (Enerland El Salvador)
-
The description contained in this profile was extracted directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine...
- Company: UDP - GV Uno - Geométrica - Vielca
- Company: Inversiones Energéticas, S. A. de C. V.  (Inversiones Energéticas)
-
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: 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.