Panama, China eye train to Costa Rica

Panama is considering building a passenger train to Costa Rica with China, a project that would require an initial investment of $5 billion, Panama’s President told Reuters in an interview.

President Juan Carlos Varela said Panama is promoting infrastructure investment in general and will also auction off a third metro line, with an expected $4 billion investment requirement.

“We are doing with China a feasibility study of a 450-kilometer train between Panama and the border of Costa Rica,” Varela said on the sidelines of the Americas Summit in Lima on Friday evening.