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ALL kicks off 2011 investment plan with Araraquara train yard expansion (Brazil)
2011-01-17
Brazilian railway operator America Latina Logistica (ALL) (Bovespa: ALLL11) has kicked off its 700mn-real (US$418mn) investment plan for 2011 with the expansion of its train yard in Sao Paulo state's Araraquara city.

 

With the 1m-real project expected to wrap up in February, the Araquara facility's train handling capacity will increase by 11% to handle 20 trains each day. The project involves laying 2.6km of rails and 2,000 sleepers, local press reported.

 

By year-end, ALL also expects to complete its 73mn-real project to build a 12km bypass railway that will allow trains to avoid passing through the center of Araraquara.

 

Once the work is completed, ALL intends to transfer its train yard to the neighborhood of Tutoia, the reports said.


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