Chinese bullet train in Venezuela stalls as alliance derails

A decade ago, then-President Hugo Chavez dreamed up the Tinaco-Anaco railway as a way to populate the plains

bullet train
APPTI Zaraza
Last Updated : May 14 2016 | 4:42 PM IST
It was once billed as a model of socialist fraternity: South America's first high-speed train, powered by Chinese technology, crisscrossing Venezuela to bring development to its backwater plains.

Now all but abandoned, it has become a symbol of economic collapse and a strategic relationship gone adrift.

Where dozens of modern buildings once stood, cattle now graze on grass growing amid the rubble of the project's gutted and vandalised factory.

A red arched sign in Chinese and Spanish is all that remains of what until 16 months ago was a bustling complex of 800 workers.That's when the project's Chinese managers quietly cleared out.

As with many unfinished politically motivated projects dotting Venezuela, government critics call them "red elephants" the decaying infrastructure contrasts with the railway's promising beginnings.

A decade ago, then-President Hugo Chavez dreamed up the Tinaco-Anaco railway as a way to populate the plains and attract development from long-dominant coastal areas.

Stretching 300 miles (468-kilometres), it was intended to move 5 million passengers and 9.8 million metric tons of cargo a year at speeds up to 135 miles (220 kilometres) per hour.

Chavez turned to China, one of his closest ideological allies, for engineering and financing for the project, part of a $7.5 billion deal that has made Venezuela the world's top recipient of Chinese loans.

A consortium of state-run companies led by China Railway Group Ltd, the world's largest train maker, was tasked with carrying out construction.

But completion is four years overdue, and work, when it happens at all, has slowed to a crawl. At one barracks facility visited by The Associated Press, half a dozen workers huddled under the shade of a giant cement mixer, while two shirtless managers lounged at a control panel smoking cigarettes.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 14 2016 | 12:57 PM IST

Next Story