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RAILWAYS VI

Sector: Mass Transit • Location: Colombia

Source: World Bank Group

Project
Closed

The proposed Project consists of a two-year segment of a railway rehabilitation program, which is part of CNR's investment plan for 1973-76, and of a Program of Action. The Project was first appraised by the Bank in 1971; the appraisal made it clear that the project execution would have to concentrate on (a) the ability of CNR's management to achieve the desirable operating targets and financial r

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The project “RAILWAYS VI” is an infrastructure initiative in the Mass Transit sector, located in Colombia. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Company

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Status

Original status

closed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The proposed Project consists of a two-year segment of a railway rehabilitation program, which is part of CNR's investment plan for 1973-76, and of a Program of Action. The Project was first appraised by the Bank in 1971; the appraisal made it clear that the project execution would have to concentrate on (a) the ability of CNR's management to achieve the desirable operating targets and financial results (b) the need to reduce losses on, and ultimately close, certain uneconomic lines and (c) the need for continued substantial financial contributions from the Government to CNR. These issues were thoroughly considered by the Government and CNR who agreed in principle with the Bank on an appropriate course of action for dealing with them.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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