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With US$2.3 billion investment, Mato Grosso state will have first state railroad

RIO DE JANEIRO, BRAZIL - Responsible for over 70 million tons of grain production in the 2020/2021 harvest, Brazil's State of Mato Grosso on Monday, July 19, announced a public call for tenders for the construction of the first railroad authorized by a Brazilian state by 2028.

Currently, virtually all railroads in Brazil operate under a concession regime, i.e., a private company takes over the operation and pays a fee to the federal government to operate the asset.

A state complementary law (685/2021) and a state decree (881/2021), both from March, prepared the ground for the . . .

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