Brazilian Government to Double Amount of Rail Freight Transportation

The Ministry seeks creative solutions that will not depend on federal budget appropriations, for example funds from cancelled concession agreements.

RIO DE JANEIRO, BRAZIL - The Minister of Infrastructure, Tarcísio Freitas, said yesterday, August 8th, in São Paulo, that the government intends to nearly double the percentage of cargo carried by rail over the next eight years.

"We plan to increase the share of railroad transportation from fifteen to 29 percent in eight years," he stated during a lecture.

He said creative solutions are being pursued to overcome the shortage of funds and get the projects off the ground. "We will build assets without depending on the budget," he said.

By way of example, Freitas said that part of . . .

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