Four Qualifying Bidders Chosen For €600 Million Asuncion Electric Train Project

Four Qualifying Bidders Chosen For €600 Million Asuncion Electric Train Project

Four consortiums have been chosen for final consideration for the construction and joint venture operations contract, alongside Ferrocarriles del Paraguay (Fepasa), of a 40km electric train, which will provide links between Ypacarai and the Paraguyan capital.

A €600 million estimate has been provisionally raised for the project, but reduced cost is expected to be the main determinate when deciding the winner of the four remaining bidders. Fepasa reduced the initial eleven bidders to a shortlist of five, which has now become four as the Argentine Incovi consortium was recently ruled out

Argentine bidder Benito Roggio remain in consideration, alongside Spanish Sacyr Concesiones and a consortium made of Valencia based Torrescámara, Vossloh y FGV. The remaining bidder is the KBR Group, lead by Alstom and Isolux Corsam.

Fepasa have confirmed that the four proposals will be reviewed in the coming months, with a final decision to be made next January.