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Honduras seeking Chinese investors for US$20 billion transoceanic rail line
- ‘We’re talking about building dams, the construction of a transoceanic train,’ said Honduran economic development minister Fredis Cerrato
- Cerrato said officials in China have shown interest in projects developed using both public and private funds
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The Honduran government on Friday told Chinese officials it is seeking investors to help fund construction of a proposed US$20 billion rail line connecting the country’s Atlantic and Pacific coasts, part of a binational trade and investment push.
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Honduras also discussed infrastructure projects relating to dams and energy generation, Honduran economic development minister Fredis Cerrato told reporters.
“We presented [Chinese officials] with the projects that Honduras is interested in getting financed, that are vital for the development of our country,” said Cerrato.
“We’re talking about building dams, the construction of a transoceanic train that also has to do with our electric generation system,” said Cerrato.
He added that officials in China, the world’s second largest economy, have shown interest in projects developed using both public and private funds.
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