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

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>