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Argentina Sets Final-Phase Rules for Belgrano Cargas Sell-Off, Earmarks Proceeds for Rail Works

The decision locks in funding for track upgrades through a dedicated trust.

Overview

  • The decree, published Tuesday, sends all revenue from selling locomotives and wagons to the 2001 transport trust managed by Banco Nación.
  • The Economy Ministry will run the process and set sale prices using the National Appraisal Tribunal’s valuation as the floor.
  • The Transport Secretariat must list the exact rolling stock in bid documents for the Belgrano, San Martín, and Urquiza lines, with those papers reported as nearly ready for release.
  • The plan separates track ownership from train operations and allows either public auctions or rolling stock to be folded into long concessions that can run up to 50 years.
  • The freight network feeds grain and other exports to Greater Rosario, so the shift could change costs and service for farmers, miners, and factories across the northern corridors.