The Venezuelan National Executive has approved a further US$50 million, to continue work on the light rail connection between Guarenas and Guatire in the Miranda area of the country. The project, lead by Metro de Caracas and Odebrecht, is expected to be completed in 2016.
Venezuelan President Nicolas Maduro explained, during his regular TV show ‘Contacto con Maduro’, that the US$50 million investment will contribute towards the total US$150 required for the project.
“During the tour we made of Guarenas-Guatire, I want to announce, announce to the people of Guarenas and Guatire, the construction company Odebrecht, the male and female workers, that I have the dollars and bolivars complete and approved. I have the resources. Yesterday I paid US$50 that was short to complete the Guarenas – Guatire works, and in 2016 I promise Guarenas, Guatire y Araira are going to be connected by the inaugural four kilometre Guarenas – Guatire line”, Mauduro explained.
The news comes weeks after the inauguration of the new Line 5 of Metro de Caracas on 3 November.
The 1.3km line operates as an extension of Line 4, expected to transport around 30,000 passengers per day. A 6.3km section is also under construction, linking Las Mercedes and Huga Chavez stations, while a further 7.1km extension will then continue east from Hugo Chavez to Warairerpano stations.