Reportedly, the Brazilian government plans to auction an investment of new railways worth BRR 91 billion in April and June.
According to the top official at Brazil’s steel planning company, Vale SA, MRS Logistica and ALL America Latina Logistica are showing interest in operating the railways.
Mr. Bernardo Figueiredo Planning and Logistics Co said in an interview in Brasilia that “Auction rules will be published in March and May.
The government wants to end monopolies and privileges in railways, public infrastructure should be open to competition. In the background, Brazilian government last year announced plans to sell licenses to non- state companies to build railways, roads, ports and airports in order to boost economic growth.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62756&division=A6
