Brazil approves US$4.7 billion railway project

Brazil's transport ministry has approved a plan from mining and transport company Vale to carry out US$4.68 billion in railway infrastructure works. The project falls under the country's northern region logistics program and will facilitate transport of production from Vale's (US$17.6 billion Carajás Serra Sul iron ore project (S11D) which begins in 2015. Civil works will take place along Pará state's Sudeste railway network, connecting S11D to the Carajás railroad, which links to the Ponta da Madeira
September 12, 2014 Read time: 1 min
Brazil's transport ministry has approved a plan from mining and transport company Vale to carry out US$4.68 billion in railway infrastructure works.

The project falls under the country's northern region logistics program and will facilitate transport of production from Vale's (US$17.6 billion Carajás Serra Sul iron ore project (S11D) which begins in 2015.

Civil works will take place along Pará state's Sudeste railway network, connecting S11D to the Carajás railroad, which links to the Ponta da Madeira logistics terminal in neighbouring Maranhão state.

Vale will receive tax benefits under the ministry's special infrastructure development rule which encourages companies to invest in infrastructure projects.

Related Content

  • CDOT launches road usage charge pilot research program
    November 18, 2016
    The Colorado Department of Transportation (CDOT) has explored a number of ways to find sustainable road funding. It is facing a nearly US$1 billion annual funding gap over the next 25 years and is looking to explore transportation funding alternatives as the fuel tax continues to become less reliable over time, due decreased purchasing power and more fuel efficient and electric vehicles. This pilot is the first step in an extensive process of evaluating the concept alongside other funding alternatives. I
    Read More
  • Europe’s satellite projects ‘late and over budget’
    February 3, 2016
    The French court of Auditors has found that the European satellite navigation programmes, Galileo and EGNOS (the European Geostationary Navigation Overlay Service), the European satellite navigation programmes, will cost the EU more than US$14 billion over the period 1994-2020, says Euractiv. The delayed projects were originally allocated a budget of US$5 billion, according to the auditors. Galileo will cost a total of US$11 billion. Half of this amount had already been spent by the end of 2013. The C
    Read More
  • Funding shortfall for US Interstate upgrades
    May 11, 2012
    Andrew Bardin Williams investigates tolling on the federal Interstate system as maintenance and upgrade requirements increasingly outpace funding The I-95 corridor through North Carolina is one of the most heavy trafficked interstates in the US, seeing upwards of 46,000 vehicles per day in some stretches-and North Carolina’s Department of Transportation (NCDOT) estimates this number will to rise to 98,000 vehicles per day by 2040. Along with the rest of the federal interstate system, the North Carolina str
    Read More
  • Indra leads European autonomous driving project
    November 17, 2016
    Spain-based consulting and technology company Indra is leading a project that will test autonomous driving on European roads, mainly in the metropolitan areas of Lisbon, Madrid and Paris. These are the three largest cities in the Atlantic Core Network Corridor, which comprises roads that are regarded as priorities for developing Europe's transport infrastructure. Spain's Traffic Department, the Polytechnic University of Madrid, Portugal's National Road Safety Authority, the University of Coimbra, the Ped
    Read More

Highlighted Content