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Brazil

Government plans to invest €35.6 billion in infrastructure

The Brazilian government plans to invest €35.6 billion (BRL 200 billion) in its national railway plan. No details of the projects to be included in the plan have been announced. However, the government has indicated that rail freight transport (SGV) projects such as the Ferrograo railway linking Mato Grosso to Pará, the Central-West Integration Railway (Fico), as well as the West-East Integration Railway (Fiol) could be considered. These have great potential for transporting agricultural products to the coast. Seven projects are planned in the area of rail passenger transport (SPV). These include the lines Brasília – Luziânia, Maringá – Londrina, Pelotas – Rio Grande, Duque de Caxias – Itaboraí – Niterói, Salvador – Feira de Santana, Fortaleza – Sobral, and São Luís – Itapecuru Mirim. In order to increase the investment volume, the government will inject €3.6 billion of public funds into the plan to make the projects profitable and attractive to private investors. These funds will come from contract renegotiations from early concession extensions.