Bahia Mineração bids Fiol for $5.8 mm

In another auction of the Infra Week, a railway track of the West-East Integration Railroad (Fiol) was bidden. The winner of the bid was Bahia Mineração (Bamin), with no premium and a single proposal of R$ 32.7 million ($5.8 mm). The auction offered the private initiative the section between the cities of Ilhéus and Caetité, in Bahia, which is 537 kilometres long.

Source: UOL Economia