The Government of Argentina and Japan Bank for International Cooperation (JBIC) signed a loan agreement for the purchase of the Automatic Train Stop (ATS) for Buenos Aires suburban rail network. The USD 49.5 million loan is co-financed by the Tokyo Branch of Deutsche Bank AG, and Nippon Export and Investment Insurance.
“This is the first agreement with an export credit agency signed in the last 20 years and we hope that this is the beginning of the other loans that will be agreed in the next years,” the Finance Minister Luis Caputo said.
The system will be manufactured by Nippon Signal Co and involves the installation of Automatic Train Stop on the Buenos Aires suburban rail network on all the 8 lines with a total length of 1500 km. 
The Automatic Train Stop (ATS) system will be installed by 2019 on the 1500 km Buenos Aires suburban rail network.
The equipment is being procured through Marubeni Corporation and will be manufactured in Japan by Nippon Signal.
Currently, 10% of the suburban network has ATS and by 2018 it will be extended on Urquiza, San Martín, Belgrano Sur, Belgrano Norte and Sarmiento lines. In 2019 ATS will be installed on Mitre Line and Tren de la Costa.
The installation of the system is part of the USD 14 billion Comprehensive Plan of Railway Works initiated by the Ministry of Transport and will transform the entire suburban system in Buenos Aires.
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