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Russian Railways to invest $2b in Cuba infrastructure

by Andrea Waitrovich

Russian Railways has plans to invest in Cuba, according to media outlets.

The firm will invest an estimated €1.8 billion ($2 billion) by the end of this year in Cuba’s railroads. The plan will upgrade and repair existing railways, and also proposes the construction of several new lines. It will also upgrade communications and signaling equipment to match modern operational standards.

The first railway system was built in Cuba in 1837.

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