Thursday, October 13, 2016 Sarmiento tunnelling finally kicks offThe tunneling of the Sarmiento train line could take up to four years and has a budget of US$3 billion. The works have a budget of US$3 billion and a consortium by the name of Consorcio Nuevo Sarmiento (CNS) will carry out the works. The tunnelling machine, named the Argentina, reportedly cost 40 million euros and requires a 15-person team of specialists to operate. Only in March of this year three bids were awarded to SES SA, of which Caputo has a 50 percent stake, by the City of Buenos Aires. Re-launchThe announcement that the tunnelling machine was finally starting up after having been initially moved into place in 2012 included the presence of Transport Minister Guillermo Dietrich, Buenos Aires Governor María Eugenia Vidal and Buenos Aires Mayor Horacio Rodríguez Larreta.

Source: Bueno Aires Herald October 13, 2016 03:33 UTC