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Brazil's Rail Sector Looks to Potential Renaissance, an Industrial Info Market Brief

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Brazil's passenger and freight railway system is expected to double its participation in in the national transport matrix, from 20% to 40%, by the end of President Jair Bolsonaro's current term in 2023.

In the case of the West-East Integration Railway (Fiol) and Ferrogrão, Infrastructure Minister Tarcisio Freitas noted the early renewal of the concessions contracts for the Vitória-Minas Railway (EFVM) and the Estrada de Ferro Carajás (EFC) railways, which are managed by Vale.br>

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