BCIE Will Give US$ 750 Thousand for Feasibility Study of Electric Freight Train to Limón

Project Announced by Presidential House Will Cost US$ 450 Million

The Costa Rican Railway Institute (Incofer) and Presidential House presented on Monday the initiative that aims to reactivate and boost the freight train to the province of Limón. It is the Limonense Electric Freight Train (Telca). As announced by Carlos Alvarado, President of the Republic, it is a route of 172 kilometers that will cover 5 cantons.

A first step for the project to become a reality will be the feasibility study. This analysis will cost US$ 750 thousand, which will be contributed by the Central American Bank for Economic Integration (BCIE) after signing an agreement with Incofer.

A possible model of an electric freight train for Limón

The idea is that the study will be carried out during the next year and the works will be developed between 2020 and 2022. “The electric train will travel the current route between the Valley of the Star-Río Frío. And it will be expanded, in a second stage, to Chilamate, generating a new logistics corridor”, said Alvarado.

Ottón Solís, ex-deputy of the Citizen Action Party (PAC) and Costa Rican representative to the Central American Bank for Economic Integration (BCIE); Irene Cañas, executive president of the Costa Rican Electricity Institute (ICE) and legislators in the province of Limón.

Developing the project would cost US$ 450 million. “This will boost the economy of the Atlantic region and relieve traffic 32, among other benefits”, said the president.