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18%  
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  • PUERTO RICO: Negotiations continue over Urban Train

    09/14/2002 4:12:20 PM PDT · by 4Freedom · 308+ views
    The San Juan Star | Thursday, September 12, 2002 | BY J.A. DEL ROSARIO
    Urban Train-related negotiations between Siemens Transportation Partnership and the Highway Authority have stretched out for a second day. Representatives from both parties have been meeting since Tuesday in the Urban Train's offices in Hato Rey to settle on how much money the government will pay the German company to have the first phase of the train fully operational by September 2003. The government is hoping that a 2003 completion date will help it secure $400 million in federal funds to add new routes to the electric train system. A source close to Siemens said both parties have agreed on $70...