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Brazil’s Ferrogrão Rail Project Advances After Removing R$3.5 Billion Public Subsidy

Brazil has revised the economic model for the massive Ferrogrão rail project, eliminating a R$3.5 billion public subsidy to clear administrative hurdles, though viability remains a concern.

By Marcus Wright

Published
Brazil’s Ferrogrão Rail Project Advances After Removing R$3.5 Billion Public Subsidy
Illustration — BRZ.news

Brazil has revised the economic model for the massive Ferrogrão rail project, eliminating a R$3.5 billion public subsidy to clear administrative hurdles, though viability remains a concern.

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