The government of Brazil has announced that it is planning to auction the Ferrogrão railway project in 2022.
The project involves the development of a 933 km long railway line connecting Mato Grosso and Pará. The railway will link Brazil's soybean-producing region to northern ports to ship the grains to Asia. A large business group has already investment plans for the railway concession.
The project was suspended before by the Federal Supreme Court due to the risk of deforestation in the region. The new plan proposes the construction of the railway 40 meters from an existing highway, minimizing environmental impact. In addition, the railway will replace the use of trucks for grain transportation, which will potentially lead to reduction of carbon dioxide emissions.
Country updates
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November 18, 2021
Construction works started for street lighting PPP in Brazil
IPSul Concessionária de Luz Pública SA, an SPV responsible for street lighting concession in Porto Alegre, has begun implementation of concession by replacing the conventional lighting w...
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November 17, 2021
Final close of EUR1.5 bn for Infracapital Greenfield II Fund
Infracapital has announced the final close of its latest fund, Infracapital Greenfield Partners II. The fund aims to support businesses that generate environmental and social impact with a focus on de...
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November 17, 2021
Brazil approves studies for Rio de Janeiro- Belo Horizonte highway concession
The Federal Government of Brazil has approved the studies for the BR-040/495/MG/RJ highway concession. The 470-kilometer stretch of the highway is the main connection between the cities of Rio d...
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November 16, 2021
Brazil announces plans for public lighting PPP in Joinville
The Municipality of Joinville in Brazil has appointed BNDES (National Bank for Economic and Social Development) as a technical advisor for the concession of public lighting system in the city. BNDES...
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November 16, 2021
Brazil auctioned first lot of 5G frequencies concession
The National Telecommunications Agency (Anatel) in Brazil has successfully auctioned radio frequencies in the 700 MHz, 2.3 GHz, 3.5 GHz and 26 GHz bands under the 5G Concession. The auction raise...
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