RESPONSIBILITY for the Chilean section of the Arica - La Paz Railway (RG 2.06 p65) is to be taken over by EPA, the state-owned company which manages the port of Arica.
According to EPA General Manager Mario Moya, major investment in track repairs will be required before tenders are called to find a new operator. It has been estimated that up to US$5m will be needed.
The current concessionaire of the railway linking Chile and Bolivia was declared bankrupt at its own request in February and the first creditors’ meeting was due to be held on April 5.
Winding up of the company is expected to be complete by June.