Keith Barrow reports on government plans to invest $16.6bn in the South American nation’s decaying network.
Having peaked at 47,000km almost a century ago, political instability and repeated economic crises has led to chronic underinvestment, while privatisation has failed to reverse a severe shortage of rolling stock and a fall in freight tonnage from 3.3 million tonnes in 1998 to just 500,000 by 2006.
Safety improvements in infrastructure also became a critical priority following a buffer crash at Buenos Aires in February 2012 which killed 51 and injured more than 700.
We've read it in: International Railway Journal, December 2016, p18
