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

Information only — no U.S. participation today. Register a non-binding indication for the pipeline (for non-U.S. capital or a post-sanctions world).

Not legal, tax or investment advice, and not authorization for any transaction. U.S. sanctions (31 CFR Part 515) prohibit investment or equity in any Cuban business; nothing here is a determination that a transaction is lawful. Structure anything Cuba-facing only with qualified OFAC sanctions counsel and screen every party with QvaPay Sentinel.

Primary sources: OFAC Cuba Sanctions · 31 CFR Part 515 (CACR) · OFAC Cuba FAQs · Cuba Restricted List