Brazil and Bolivia negotiate bioceanic rail corridor

The authorities of Brazil and Bolivia involved with the project “Bioceanic Railway Corridor of Integration” will meet in Campo Grande (MS) on August 23 to discuss the border crossing between countries.

Among the topics are improved customs control and migration, especially in the case of documents that will be required for the passage of the bioceanic train from Bolivia to Brazil.

Another topic to be discussed is the creation of a commercial hub near Campo Grande to receive Bolivian rail freight.

According to official data, the bioceanic train project foresees investments of at least US$10,000. To date, there are four pre-investment studies prepared by Bolivia and one by Peru.

According to Bolivian sources, the funding would be provided by a Swiss-German private consortium, as well as several European countries that proposed to be partners, including Russia, Spain, and Italy.

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