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mahatmakanejeeves

(67,865 posts)
Mon Dec 8, 2025, 02:52 PM Monday

You don't suppose this has something to do with all the money we've recently been sending that way, do you?

Argentina's railway privatization dreams face long haul ahead

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Argentina's railway privatization dreams face long haul ahead
A drone view shows a Belgrano Cargas freight train on the Belgrano line crossing the Panamericana highway, as Argentina plans to privatize its aging railway network to cut transport costs and boost exports, with the first tender for Belgrano Cargas lines set for early 2026, in Vicente Lopez, Buenos Aires Province, Argentina December 3, 2025. REUTERS/Agustin Marcarian

By Lucila Sigal
Mon, December 8, 2025 at 6:06 AM EST 4 min read

By Lucila Sigal

BUENOS AIRES, Dec 8 (Reuters) - Argentina, a major global food supplier, plans to supercharge its grain and mining exports with privatization and an ambitious modernization of its aging railway network, which industry leaders say will halve freight costs from regions far from ports.

The first ​tender is for the Belgrano Cargas network, which operates the country's three largest freight train lines. To be launched early next year, the initiative could ‌expand production of global exports like soybeans, corn, copper and lithium. It also could help transport sand to Vaca Muerta, a huge shale formation in Argentina's southwest.

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