Transcontinental Railway: Peru-Brazil (FETAB)

Abstract

In September 2015, the Central Bank of China announced the establishment of an investment fund of USD 10,000 million in countries such as Ecuador, Venezuela, Nicaragua, Peru, Brazil, Chile, Bolivia and Argentina for bilateral cooperation in areas of high technology, energy, mining and infrastructure projects. Among them, the most ambitious project in Latin America is to construct the Transcontinental Railroad which aims to link the Atlantic and the Pacific oceans in order to improve internal transport of raw materials and its export to other countries.