German railway technology and infrastructure manufacturers explore new partnerships in Latin America during a business delegation trip to Peru and Bolivia May 6th -10th 2019. The region faces an increase in freight transport and need for public transportation, leading to rising investments in the modernisation and expansion of railway infrastructure. The most ambitious Latin-American project is certainly the transcontinental railway “Tren Bioceanico”, connecting inter alia Brazil, Bolivia and Peru. The German Railway Industry offers a wide range of innovative, reliable and sustainable solutions “made in Germany” - successfully implemented across the world in close relation with local partners.
Lima, Peru – A German delegation comprising of thirteen railway technology and infrastructure manufacturers kicks off its business trip through Latin America in Lima today. The delegation trip is part of a program from the German Federal Ministry of Economics and Energy to support small-and-medium-sized companies in their market development.
Latin American governments have increasingly invested in the modernisation of their railway infrastructure, reacting to an increase in freight transport and need for public transportation, both in urban and long-distance traffic. Peru’s thirteen railway projects alone represent an investment volume of billions of dollars. Bolivia plans to build a first section of the ambitious transcontinental railway “Tren Bioceanico” in 2019. A memorandum of understanding has already been signed between the German and Bolivian government to include German companies in this centennial project. “Connecting people and goods through modern railways – a fascinating undertaking for which we can provide experience as well as customized and state-of-the art solutions.” says Dr. Ben Möbius, Managing Director of the German Railway Industry Association (VDB).
Partners of the business delegation trip are the implementation company sbs, the chambers of commerce AHK Peru and AHK Bolivia as well as the German Railway Industry Association (VDB). The German Railway Industry Association speaks for 200 member companies and their more than 52,000 employees. In doing so, the VDB stands for the entire supply chain: from world-famous system houses to excellent medium-sized suppliers and young companies. From 2015 to 2018 the German railway industry achieved an annual turnover of 12 billion euros. On average nearly 50 percent were generated from exports. Close cooperation with Asia and the Unites States of America reflects the excellence of the railway industry in Germany.
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