The government asks Vale and MRS to build new sections of railways



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The investment is due to the extension of the concession contracts concerning the Carajás railway line and the Vitória-Minas railway line

Leonardo Goy, Reuters [19659004] access_time

2 July 2018, 20:59

  The Vale logo at the company headquarters in Rio de Janeiro, 07/08/2017

The conditions for the renewal of the contract have been approved (19459007) Vale will have to invest about 4 billion reais in the construction of a section of the West-Central Integration Railway (Fico) following the PPI meeting (Ricardo Moraes / Reuters )

a counterpart to the extensions of its concession contracts involving the Carajás railway and the Vitória-Minas railway, Transport Minister Valter Casimiro said on Monday (02).

Another concessionaire in the sector, MRS Logística, will have to invest about R $ 5 billion in the construction of the northern section of Ferroanel de São Paulo, in exchange for renewing its network, Casimiro told reporters.

The conditions for the renewal of contracts

In the case of Fico, the investment consists of the construction of 383 kilometers of railway between Campinorte (GO) and Água Boa (MT), approved at the time of 39th meeting of the Investment Partnership Program (IPP) Council on Monday. ), providing a Mato Grosso connection to the North-South Railway network.

"Fico is a national priority, Vale will do the work," said PPI Special Secretary Adalberto Vasconcelos.

In a statement released earlier, Vale stated that it was participating in the process of early extension of its railway concessions, which

"approving the anticipated extension of concessions will be submitted to the board of directors, after badyzing the counterparts required by the federal government, "said Vale

. MRS Logística, the counterpart for the renewal of contracts will be the construction of 53 kilometers of the northern section of Ferroanel de São Paulo, between Perus and Itaquaquecetuba.

The work will divert the freight trains that now divide the rails with the pbadenger trains of the Sao Paulo Metropolitan Railroad Company (CPTM) .

In addition to the two works as "counterparts, the PPI approved at this meeting" a call for tenders for areas of oil exploration and production in the pre-salt , which is expected to take place in the fourth quarter of the year, generating a subscription premium of R $ 6.82 billion.

The PPI also approved a 515 kilometer freeway concession at Santa Catarina, between Navegantes and the border with Rio Grande do Sul, involving sections of three federal highways: BR-153, BR-282 and BR-470. According to the PPI, it is a route for Mercosur 's merchandise flow to the port of Itajaí, as well as an important link for tourism between Brazil and Portugal. Argentina.

According to the PPI, Tuesday, the announcement of the auction is to be published from the so-called South Integration Highway, formed by sections of BR 101/290/386/448. The dealership will have to invest about R $ 8.5 billion on the highway during the 30-year contract, in addition to R $ 6.6 billion of operating expenses.

The plan, which envisions the government projects of ex-president Dilma Rousseff, was released a few months before the October elections, but representatives of the Ministry of Transportation will soon interview (d)) , which is a collective responsibility towards journalists, did not mention viability before the change of government team until early 2019.

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