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⚠ COMPLIANCENot investment advice. U.S. sanctions restrict Cuba investment to the licensed independent private sector. Every transaction is KYC'd, OFAC-SDN & Cuba Restricted List screened, confirmed as an independent private entity (≤100 employees), and subject to OFAC counsel. No money flows to state, JV, GAESA, Restricted-List or confiscated-property counterparties.
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Rail · Nationwide

National Rolling Stock & Locomotive Recapitalization

Rolling stock / motive-power modernization program

🔴 Stateℹ️ Atlas — info only
Scale
RZD framework ~€1.888B (~$2B); RA-2 EMUs, LDE-2500 locos, TGM shunters (Russia); ~80 of ~250 Chinese carriages delivered
Status
Chronically under-delivered on Cuban payment incapacity; formally resumed Sept 2024 under a March 2024 Russia-Cuba credit agreement. Major equipment-supply and financing opportunity (state-to-state, non-U.S.).
Sector
Rail
Province
Nationwide
Coordinates
23.131, -82.353
Layer
Layer 2 · Atlas
Notes
Procured by Unión de Ferrocarriles de Cuba (UFC) under MITRANS. Suppliers: TMH/Sinara (Russia) via RZD; CRRC-type stock (China) — sanctioned counterparties.
Controlling entity
Unión de Ferrocarriles de Cuba (UFC) / MITRANS

National railway operator under the Ministry of Transport. Controls the only railroad in the Caribbean plus the unfinished national expressway program.

Sources: Railway Gazette · TASS · International Railway Journal · CiberCuba