News
01 April 2019

Rumo doubles reserve to win Norte-Sul rail concession in Brazil

In:
Transport
Region:
Americas

Rumo has submitted a BRL2·72 billion ($690 million) bid to win a 30-year concession to complete and operate the 1,537km southern section of the Ferrovia Norte-Sul rail corridor. The bid doubled the  reserve price in the Brazilian auction and Rumo now has two years to complete the last...

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