The project is 3,800 kilometres long, the line will transit four countries and it is estimated to cost USD 10 billion. The governments of Bolivia, Brazil, Paraguay, and Peru agreed on the regulatory framework for the Bi-oceanic Operative Group tasked with promoting the construction of the Bi-oceanic railway. The project will create extensive railway infrastructure to link the Pacific and Atlantic oceans, from the Ilo port in Peru to Sao Paulo, Brazil.
The bioceanic, or transcontinental rail is envisioned to be a largely cargo-dedicated transport mode that would link Brazil’s Atlantic coast with Peru’s Pacific coast, with considerations to intersect Bolivia in an east-west trajectory.
During the meeting, Peru’s representatives presented the feasibility study that established there is enough cargo shipped between the countries for the sustainable implementation of the project.
“As a state, we are seriously committed with the Bi-oceanic Railway Corridor. We are committed to working together to go forward and complete this very important project, which will integrate us and lead to our countries’ development,” Peru’s minister of transport and communications, Edmer Trujillo said.
Bolivia’s Minister of Public Works, Milton Claros, told Bolivian media they had agreed to contract an “integral feasibility study” that would take into consideration the conditions in the four countries that are part of the regional project.
The new study needs to estimate the amount of cargo transported using the railway. According to Claros, a Bolivian report estimated 10 million tonnes per year, but another study estimated Brazil alone generates 50 million tonnes of cargo per year.
Besides Bolivia, Brazil, and Peru, also Paraguay, Uruguay, and Argentina will benefit from the construction of a railway branch from Bolivian territory towards a dockland in Paraguayan soil, linked to the waterway of the rivers Paraguay-Paraná.
Photo: Google Maps
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