The Bi-Oceanico Central railway (CFBC) is a rail project in the countries of Brazil and Peru. The project would join the port of Santos, Brazil (the Atlantic Ocean) and with the port of Callao, Peru, (in the Pacific Ocean). The cost of the project estimates in $US 20.000 million.
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Project
In his trip to China in 2013, Bolivian president Evo Morales conversed with Xi Jinping, General Secretary of the Communist Party of China, on the possibility of building a railway to link the Atlantic with the Pacific between Brazil and Peru. The Chinese president requested a study of feasibility by 2014.
The Spanish narrow gauge rail company, FEVE, was awarded him a contract by the Bolivian government to prepare a technical feasibility study. The first studies were prepared by Spanish, French and Bolivian consultants which were to be delivered by June 2014.
In August 2014, a mission from Bolivia sought financing from the Chinese government.
The summit of the Union of South American Nations (Unasur) in December 2014, prioritised the project beside other 7 projects of regional integration.
The project contemplates four baseline studies: the basic engineering design, the market study, the strategic study and the environmental study. The four studies would be complete by 31 December 2014.
The Bolivian minister of Public Works, Services and House, Vladimir Sánchez, stated the first phase is to build the railroad; the second phase is to electrify the railroad, and a third phase is to have a double-track railroad.
The project looks for 95% of the trade of the south and North of the Peru, as well as the integration to Brazil.