Exim Bank finances Cuba’s rolling stock acquisition

cubaaOn February 22, Minister of Finance of Cuba Félix Martínez and Exim Bank Vice President Xie Ping signed the agreement for the purchasing of 240 coaches.
There are no further details about the project or the financing agreement, but according to estimations 80 vehicles per year will be delivered in 3 years.
Martínez said that the recent financing agreements have been added to other joint projects with China linked to strategic programmes, like those related to the construction of the multipurpose terminal in the port of Santiago de Cuba and previously for the purchase of the cranes for the Mariel megaport.


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