Argentina Railways Tenders and Bids

Get access to latest Argentina railway tenders, rolling stocks tenders and bids. Find business opportunities and government contracts for Argentina railway tenders, Argentina signaling tenders, Argentina locomotive tenders, Argentina rolling stock tenders, rail brake tenders, rail car tenders, Argentina freight wagon tenders, Argentina track construction tenders, track maintenance tenders, Argentina rail road tenders, Argentina rail construction tenders. Find Argentina rail tenders, bids, procurement, RFPs, RFQs, ICBs. Search for Argentina rail tenders online. Argentina is a developing country. Its economy is the second-largest national economy in South America, behind Brazil. Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Argentina's economic performance has historically been very uneven, with high economic growth alternating with severe recessions, particularly since the late twentieth century. Income maldistribution and poverty have increased since this period. Argentina's currency declined by about 50% in 2018 to more than 38 Argentine pesos per U.S. Dollar. As of that year, it is under a stand-by program from the International Monetary Fund. In 2019, the currency fell further by 25%. Argentina is considered an emerging market by the FTSE Global Equity Index (2018), and one of the G-20 major economies. Rail transport is a means of transferring passengers and goods on wheeled vehicles running on rails, which are located on tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles (rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on sleepers (ties) set in ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower frictional resistance than rubber-tired road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The operation is carried out by a railway company, providing transport between train stations or freight customer facilities. Power is provided by locomotives which either draw electric power from a railway electrification system or produce their own power, usually by diesel engines or, historically, steam engines. Most tracks are accompanied by a signalling system. Railways are a safe land transport system when compared to other forms of transport.[a] Railway transport is capable of high levels of passenger and cargo utilisation and energy efficiency, but is often less flexible and more capital-intensive than road transport, when lower traffic levels are considered.