Brazil Unveils $780M Railway Project to Boost National Infrastructure

Brazil has announced details of a $780M railway connecting Nova Iguaçu and Cariacica. The EF-118 project aims to improve logistics, linking key ports while strengthening industrial and agricultural sectors. This was reported by the railway transport news portal Railway Supply.

Brazil’s Investment in Railway Infrastructure

The planned 575km railway will connect 23 locations and integrate the ports of Vitória and Açu. This initiative is expected to enhance transportation efficiency, benefiting industries that rely on iron ore, coal, and agricultural exports.

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Authorities have set February 12 as the deadline for public consultation before proceeding further. The 50-year contract will be offered in early 2026, with the official bidding announcement expected later this year.

Operations are scheduled to begin by 2033, ensuring long-term economic benefits for key regions. Unlike other projects, this initiative includes a government contribution of $558M by 2032 to mitigate financial risks.

Brazil’s Plan to Attract Investors

Officials will introduce a broader freight rail strategy in February, aiming to unlock $21B in investments. The government intends to fund up to 20% of project costs, supporting sustainable infrastructure growth.

To attract investors, authorities are organizing meetings with industry leaders and stakeholders. So far, 20 investment groups have requested in-depth discussions regarding potential participation in the railway initiative.

Source, photo: www.bnamericas.com

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