Argentina plans to pursue cargo rail PPPs

Argentina plans to pursue cargo rail PPPs

Corporate & Sovereign Strategy Project & Infrastructure Finance Railroads Argentina South America Latin America

Argentina's Transport Ministry said it will pursue public-private partnerships (PPPs) for three cargo railways, adding that the current private operators have run the lines poorly. The ministry rejected requests from the operators, Ferroexpreso Pampeano, Nuevo Central Argentino and Ferrosur Roca, to extend the concession contracts for the cargo lines that they have run since the early 1990s, according to a statement late on Monday. "The freight rail concessions show, after almost 30 years, a neg

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