The Minister of Public Works, Juan Andrés Fontaine, said that the project for the construction of a fast train between Santiago and Valparaiso must be processed through the concessions law.
This is after TVS, the company that presented the initiative, requested permission in January to implement the proposal via the Railways Act, as detailed by La Tercera.
Fontaine said that "the opinion we have expressed in the various bodies, for example in the logistics committee, is that the most appropriate law is that of concessions, because the Railways Act is old, it has no structure or the regulatory density that it is mandatory. "
In this way, the project must enter the Ministry of Public Works, evaluated by various bodies that will determine whether the proposal is of public interest.
Subsequently, the MOP opens a tender in the private sector, whereby a prize is awarded to the company that submitted the project and did not win the competition.
It is worth remembering that the initiative proposed by TVS proposes to link Santiago and Valparaíso in 45 minutes with an investment of 1,600 million dollars.