Spain interested in financing metropolitan train in Costa Rica

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The Spanish government offers a long-term loan of $300 million.

Costa Rican Vice President Luis Liberman said Wednesday following a trip to Spain that the government of that country is interested in financing an electric train that connects the provinces of Alajuela, San José and Cartago.

Liberman met Monday with government officials who confirmed Spain’s interest in signing an agreement to provide long-term credit to finance the project. Julio Gómez-Pomar, president of National Network of Spanish Railways, said the Spanish government “is definitely interested in participating in the construction of this project.”

The investment would be up $300 million “if the country chooses 21st century electric trains that transport up to 500 people,” Liberman said.

Ekhart Peters, Costa Rica’s ambassador in Spain, and Miguel Carabaguíaz, president of Costa Rican Railroad Institute, also participated in the meetings.

Posted By Costa Developers