Cuba railway management contract
Sector: Mass Transit • Location: Cuba
Source: World Bank Group
The project entails the management and upgrade of rolling stocks in Cuba. Concession was awarded to Russian Railways RDZ which also provides the financing for the project in amount of $ 1.88 billion. The length of the upgraded railways will be 1078.4 km. Term of the concession is 10 years. Financial close took place on October 4, 2019.
- Status
- Prospective
- Sector
- Mass Transit, Rail, Government
- Location
- Cuba
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the management and upgrade of rolling stocks in Cuba. Concession was awarded to Russian Railways RDZ which also provides the financing for the project in amount of $ 1.88 billion. The length of the upgraded railways will be 1078.4 km. Term of the concession is 10 years. Financial close took place on October 4, 2019. https://rg.ru/2019/11/17/matvienko-anonsirovala-proekt-po-rekonstrukcii-zheleznyh-dorog-kuby.html |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | Cuba |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Mass Transit, Rail, Government |
Article published date | 2024-09-24 |
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