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

Private companies have 45 days to present proposals for the construction of 730 kilometers of rail connecting the capital Cuiabá to the cities of Lucas do Rio Verde, Nova Mutum and Rondonópolis.

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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