21 rail projects to watch in 2021
21 rail projects to watch in 2021

Initiation of an important project to serve the Brazilian people

companies responsible for preparing technical, economic, environmental and legal feasibility studies (EVTEA-J), Environmental Impact Study and Environmental Impact Report (EIA / RIMA) have provided preliminary results of the analyzes to state governments.

The plan is to offer the project to private investors through an auction on the Brazilian stock exchange by the end of this year.

The Paraná government said in a statement that the findings of EVTEA-J and EIA / RIMA are expected to be revealed in September and November, respectively.

The preliminary study also envisages a branch line between Foz do Iguaçu and Cascavel and nine charging stations.

"The railways will provide security for the future flow of agricultural products from Paraná and Mato Grosso do Sol, which is practically doubling in size every 10 years," said Carlos Massa Ratino Jr., Governor of Paraná.

"It is also a great time for Brazil to invest in railways. Road transport has already proven that it cannot handle all agricultural production and other sectors on its own."

A recent study by the CNT Transport Association showed that the railway sector is increasingly dependent on private investment, obligating the Brazilian government to put in place mechanisms that ensure the flow of capital.