Bahia Mining Company Acquires Section of Fiol That Promises to Redefine Bahia's Economy

Bahia Mining Company Acquires Section of Fiol That Promises to Redefine Bahia’s Economy

Written by Valdemar Medeiros

Published on 12/04/2021 at 15:59

Trecho da Fiol – Fonte: Governo da Bahia

Be the first to react!

ANTT Promotes Auctions With Mining Company in Bahia for Acquisition of Section of Fiol, and Believes This Project Can Improve Bahia’s Economy

In one of the auctions organized by the ANTT this week, called Infra Week, a section of the West-East Integration Railway – Fiol was auctioned, and the company Bahia Mineração won without a bid premium last Thursday (8). The winner of the auction promoted by ANTT, which will improve Bahia’s economy, was Bahia Mineração, with a unique proposal of R$ 32.7 million.

Read Also

The project, which will be managed by Bahia Mineração for 35 years, is located in an important corridor for iron ore transportation from southwestern Bahia, linked to the Port of Ilhéus, and will enable the transport of grains from western Bahia to the terminal.

Investments in the Fiol Railway of Bahia

Bahia Mineração’s investments for the Bahia economy are about R$ 3.3 billion during the concession period. Of this, R$ 1.6 billion will be used for completing the work on the section, which is currently 80% executed. In addition, the sub-concession of Fiol will allow for approximately 55,000 new jobs as direct, indirect, and income-effect positions throughout the concession.

ARTICLE CONTINUES BELOW

About the Section of Fiol Acquired by Bahia Mineração

This section is 537 kilometers long between the cities of Ilhéus and Caetité and, according to ANTT, it constitutes an important corridor for the transportation of iron ore from southwestern Bahia. The section will enable the transport of grains from western Bahia to the port, following the future concession of Section II, bringing improvements to the Bahia economy in this regard.

Bahia Mining Company Acquires Section of Fiol That Promises to Redefine Bahia’s Economy

ANTT Promotes Auctions With Mining Company in Bahia for Acquisition of Section of Fiol, and Believes This Project Can Improve Bahia’s Economy

Read Also

Investments in the Fiol Railway of Bahia

About the Section of Fiol Acquired by Bahia Mineração

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

With 70 tons of rock removed by hand and an 800-year-old abandoned cave, a former businessman transforms a dark shelter into a modern home carved in the heart of the forest.

Scientists have created a material six times lighter than air, 75 times lighter than styrofoam, and that becomes stronger the more it is compressed: aerographite seems impossible, but it can reinforce structures, batteries, and satellites.

Brazil has 8.4 million illiterates and more than half live in the Northeast, where 10.6% of people cannot read or write a simple note, compared to 2.3% in the Southeast, according to the Pnad Contínua Educação 2025 from IBGE.

A black box made of steel and concrete, about 16 meters in size, is being installed in a remote location on Earth to record in real-time the progress of the climate crisis and the potential collapse of the planet, with data from space and meteorological agencies worldwide.

Peugeot 408 Griffe 2015 combines a turbo engine, 0 to 100 km/h in 8.3 seconds, a 526-liter trunk larger than many compact SUVs, leather, multimedia, cruise control, and a sunroof, but it remains off the radar among fully equipped used cars.

A great economist predicted that by 2030 we would work only 15 hours a week, and John Maynard Keynes’s forecast is about to fail miserably almost 100 years later.

Bahia Mining Company Acquires Section of Fiol That Promises to Redefine Bahia’s Economy

ANTT Promotes Auctions With Mining Company in Bahia for Acquisition of Section of Fiol, and Believes This Project Can Improve Bahia’s Economy

Read Also

Investments in the Fiol Railway of Bahia

About the Section of Fiol Acquired by Bahia Mineração

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

With 70 tons of rock removed by hand and an 800-year-old abandoned cave, a former businessman transforms a dark shelter into a modern home carved in the heart of the forest.

Scientists have created a material six times lighter than air, 75 times lighter than styrofoam, and that becomes stronger the more it is compressed: aerographite seems impossible, but it can reinforce structures, batteries, and satellites.

Brazil has 8.4 million illiterates and more than half live in the Northeast, where 10.6% of people cannot read or write a simple note, compared to 2.3% in the Southeast, according to the Pnad Contínua Educação 2025 from IBGE.

A great economist predicted that by 2030 we would work only 15 hours a week, and John Maynard Keynes’s forecast is about to fail miserably almost 100 years later.

A mother of four sought a safer family environment, watched tutorials on the internet, built a 325 m² house with her family, and learned foundation, walls, plumbing, and electrical work without any professional experience.

Brazilian fintech unexpectedly closes office, lays off dozens via video call, and leaves employees insecure while the company denies mass layoffs.

Brazilians build modern houses 10 minutes from Disney, with luxury finishes, 3 bedrooms, 3 bathrooms, a $227 condo fee, and potential for Airbnb, targeting investors who want to use the property in Orlando and rent it out when they are not in the United States.

Brazil has 8.4 million illiterates and more than half live in the Northeast, where 10.6% of people cannot read or write a simple note, compared to 2.3% in the Southeast, according to the Pnad Contínua Educação 2025 from IBGE.

A black box made of steel and concrete, about 16 meters in size, is being installed in a remote location on Earth to record in real-time the progress of the climate crisis and the potential collapse of the planet, with data from space and meteorological agencies worldwide.

Peugeot 408 Griffe 2015 combines a turbo engine, 0 to 100 km/h in 8.3 seconds, a 526-liter trunk larger than many compact SUVs, leather, multimedia, cruise control, and a sunroof, but it remains off the radar among fully equipped used cars.

A great economist predicted that by 2030 we would work only 15 hours a week, and John Maynard Keynes’s forecast is about to fail miserably almost 100 years later.