Brazilian gov’t signs early renewal of rail network

The National Land Transport Agency (ANTT), the Ministry of Infrastructure, and MRS Logística S.A. signed, on July 29, in Juiz de Fora (MG), the supplement contract for the early renewal of the train track network Malha Sudeste, granted in 1996 for 30 years. The extension consists of a further 30 years, starting in 2026.

The network Malha Sudeste is the major railway infrastructure in Southeast Brazil, the most populous region in the country, which is highly relevant to the national economy. The train tracks are 1,643 km long, spanning the states of Minas Gerais, Rio de Janeiro, and São Paulo, with operations extending to the ports of Santos, Itaguaí, Sudeste, Guaíba, and Rio de Janeiro.

“More than 800 locomotives and 18,000 wagons are allocated to carry out network operations, accounting for 16% of the national rail fleet. Approximately 30% of all Brazilian rail freight runs over MRS tracks, contributing to road relief in the Southeast Region,” according to ANTT.

According to the agency, the early extension of the contract will bring new investments that will provide cargo diversification, greater safety, and improvement in urban mobility, with R$ 11 billion in investments in preparing the railway network, acquiring assets, and projects for the public interest.

Source: Agência Brasil

To read the full original article, please go to: https://agenciabrasil.ebc.com.br/economia/noticia/2022-07/antt-assina-renovacao-antecipada-da-malha-sudeste

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