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New Cuba
COMPLIANCENot legal, tax, or investment advice — and not authorization for any transaction. U.S. sanctions (the Cuban Assets Control Regulations, 31 CFR Part 515) heavily restrict — and in most cases prohibit — dealings between U.S. persons and Cuba, including any form of investment or equity in a Cuban business. The rules are complex, fact-specific, and change; nothing on this site is a determination that any transaction is lawful. Structure anything Cuba-facing only with qualified OFAC sanctions counsel, and screen every party (names, entities, wallets) with QvaPay Sentinel.Primary sources: OFAC Cuba Sanctions · 31 CFR Part 515 (CACR) · OFAC Cuba FAQs · Cuba Restricted List
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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

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