Thursday, October 7, 2010

Ikea Hardware Replacement

CAF gave u $ s326 million to upgrade tracks

The Corporación Andina de Fomento (CAF) approved the granting the country a credit for u $ s326 million to be applied to improving infrastructure stem-branch pathways General Belgrano Railway, linking the NOA region with the ports of Barry and Rosario.
approve that credit for the Recovery and Improvement Project of the General Belgrano Railway tends to strengthen regional links between a major agro-industrial region of north-central Argentina and the country's main ports located on the coast Parana.

The project will be implemented by the Administration of the State Railway Infrastructure Company (ADIF), an organization that already has run for five months, with national budget resources, the comprehensive renovation of concrete traces of 200 kilometers of track between Quitilipi, Roque Sáenz Peña and Resistance.

Now, with the support of the CAF, will aim to rehabilitate a total of? 1,645 kilometers of Belgrano Cargas Railroad branch that extends from Joaquín Víctor González, Salta, to Barry and Rosario.

The owner of the CAF, Enrique Garcia, said the regional bank always "has supported the Argentine government's strategy for investment to boost the country's growth."

In reviewing the work done by the CAF between 2005 and 2009 mentioned that approved loans for an amount exceeding the $ s2.400 million, while in the course of 2010 the resources granted to Argentina would amount to U.S. $ S790 million. "

These credits granted to the country is an unprecedented? Loan for $ S240 million loan to fund part of the work of extending the life of the Embalse plant, loan no record in the entire history of nuclear activity national.

be recalled that the National Rail network of former General Belgrano, which in 1960 collected more than 10,000 kilometers of meter gauge tracks laid in 14 provinces of NOA and NEA, computers in use today only about 6,600 miles of track, but which only 4,000 kilometers least there is some degree of commercial exploitation.

In the past, Ferrocarril Belgrano came to raise up to 5 million tons of cargo a year, while at present its freight trains are barely able to move some 800,000 tons of soy, sugar and other bulk cargoes.

Moreover, intercity passenger services were completely eliminated during the military government that emerged from the coup occurred on March 24, 1976.

only survive suburban passenger services between Retiro-Pilar under a grant of Railways and local trains between Barry and Puerto Tirol, in Resistance, which manages the state railway operator company.

source: Global chain

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