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In page Transport in Venezuela:

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  • In October 2006, Venezuela opened a new Caracas-Cúa railway, the first new railway in the country for 70 years[1]
  • "Towards the end of this month, we would have final discussions with Mittal Steel," said Mr Kapur, adding that the initial discussions took place in March.[citation needed] Moreover, Ircon is also likely to construct a new rail line in Venezuela at an estimated cost of $350 million.