New regulatory framework for railways promises to unlock $4.5 bn in investments

The pending approval, by Congress, of a new regime for railway operations in Brazil has the potential to unlock projects and unleash at least R$ 25 billion ($4.5 bn) in investments. It would be railway stretches built from scratch by companies interested in connecting new destinations and lowering the cost of cargo transportation. The proposal is one of the priorities of the Executive in the Senate.

Source: UOL Economia