Brazil's Largest Railway And Logistics Company, Rumo, Will Receive R$ 178 Million In Tax Incentives For Its Billion-Dollar Investment In Wagons And Locomotives In Mato Grosso

Brazil’s Largest Railway And Logistics Company, Rumo, Will Receive R$ 178 Million In Tax Incentives For Its Billion-Dollar Investment In Wagons And Locomotives In Mato Grosso

Written by Roberta Souza

Published on 20/01/2022 at 19:18

Foto: Reprodução Google Imagens

Be the first to react!

Rumo’s Project Involving Billion-Dollar Investment in Mato Grosso is Undergoing Environmental Licensing

Rumo, a Brazilian railway and logistics company owned by the Cosan Group, made significant progress this week on its investment project of approximately R$ 1.9 billion. In order to expand the railway network of the Northern Operation in Mato Grosso, the company purchased 2,142 freight cars for the transportation of sugar, meal, grains, and fertilizers, in addition to 45 locomotives.

Check Also:

The Ministry of Infrastructure approved, last week, the project’s classification under the special incentive regime for the continuation of infrastructure with a tax waiver estimated at around R$ 178 million. Rumo’s project in Mato Grosso, the construction of a new railway, is still in the environmental licensing stage.

Rumo emphasizes that it has not yet signed contracts with suppliers for this investment in Mato Grosso, and it prioritizes Brazilian suppliers, just as it has done with all its acquisitions.

ARTICLE CONTINUES BELOW

Rumo and the Government of Mato Grosso Reach Agreement for Railway Construction Costing R$ 11.2 Billion

Yesterday, Monday (09/20), the government of the state of Mato Grosso made an agreement with Rumo Logística for the construction of a new railway. The railway will connect the municipalities of Rondonópolis to Cuiabá and Rondonópolis to Nova Mutum and Lucas do Rio Verde, and it will also connect to the national network, reaching the Port of Santos. According to the governor, this logistical advancement is another important and sustainable alternative for grain transportation, with production in Mato Grosso potentially exceeding 120 million tons annually by 2030.

The contract with Rumo, which belongs to Cosan, is for the authorization of implementation, operation, and private exploration of the railway for a period of 45 years, with the possibility of renewal for another 45 years for all related services. This is the first state railway, without federal interference. Read the full article by clicking here.

Brazil’s Largest Railway And Logistics Company, Rumo, Will Receive R$ 178 Million In Tax Incentives For Its Billion-Dollar Investment In Wagons And Locomotives In Mato Grosso

Rumo’s Project Involving Billion-Dollar Investment in Mato Grosso is Undergoing Environmental Licensing

Check Also:

Rumo and the Government of Mato Grosso Reach Agreement for Railway Construction Costing R$ 11.2 Billion

While a traditional school may take several days just to raise walls, in Malawi a 3D-printed school had its structure ready in 18 hours, welcomed children in June, and showed a new solution to the lack of classrooms.

Material once seen as a poor man’s choice returns as a climate bet, with red clay replacing part of the gray concrete in modern buildings, hospitals, houses, and a cultural center that transforms tradition into a solution against urban heat.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

Study solves great ancient mystery: remains of Philip II, father of Alexander the Great, are identified in Vergina and resolves the enigma of the Macedonian royal tombs that had lasted half a century.

Larger than the Toyota Hilux and with a towing capacity of 3.5 tons, the new MG U9 2026 features a 2.5 turbodiesel engine, 520 Nm, 4×4 traction with three locks, and an almost full-size build.

Portugal installs two giant underwater sockets to draw water from the Atlantic and create a €107.9 million desalination plant in the Algarve capable of producing 43.2 million liters of potable water per day with ocean intake 2 km from the coast.

How does Brazil manage to deliver 13 gas cylinders per second?

R$ 27.6 billion will be invested in the largest railway in Brazil under an agreement that renews the VLI concession in Centro-Atlântica for another 30 years and returns to the Union about 3,100 km of tracks considered deficient, which may go to new operators.

Research with DNA extracted from feces showed that the elephants known as “ghosts” in the highlands of eastern Angola form a distinct genetic lineage, with closer proximity to populations from Namibia.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The five healthiest countries in the world have something in common that most people overlook; it’s not advanced medicine, it’s the balance between work and rest that is keeping their populations alive longer.

Brazil’s Largest Railway And Logistics Company, Rumo, Will Receive R$ 178 Million In Tax Incentives For Its Billion-Dollar Investment In Wagons And Locomotives In Mato Grosso

Rumo’s Project Involving Billion-Dollar Investment in Mato Grosso is Undergoing Environmental Licensing

Check Also:

Rumo and the Government of Mato Grosso Reach Agreement for Railway Construction Costing R$ 11.2 Billion

While a traditional school may take several days just to raise walls, in Malawi a 3D-printed school had its structure ready in 18 hours, welcomed children in June, and showed a new solution to the lack of classrooms.

Material once seen as a poor man’s choice returns as a climate bet, with red clay replacing part of the gray concrete in modern buildings, hospitals, houses, and a cultural center that transforms tradition into a solution against urban heat.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

Study solves great ancient mystery: remains of Philip II, father of Alexander the Great, are identified in Vergina and resolves the enigma of the Macedonian royal tombs that had lasted half a century.

Larger than the Toyota Hilux and with a towing capacity of 3.5 tons, the new MG U9 2026 features a 2.5 turbodiesel engine, 520 Nm, 4×4 traction with three locks, and an almost full-size build.

Portugal installs two giant underwater sockets to draw water from the Atlantic and create a €107.9 million desalination plant in the Algarve capable of producing 43.2 million liters of potable water per day with ocean intake 2 km from the coast.

R$ 27.6 billion will be invested in the largest railway in Brazil under an agreement that renews the VLI concession in Centro-Atlântica for another 30 years and returns to the Union about 3,100 km of tracks considered deficient, which may go to new operators.

ANTT authorizes new electronic tolls without barriers on highways in Paraná and Goiás, expands free flow toll collection, and introduces drivers to a new rule that may result in a fine if the toll is not paid on time.

After 5 years stalled by the Supreme Court, the R$ 9 billion Ferrogrão railway is back on track to connect Sinop to Miritituba over 933 kilometers, transport grains by rail, and cut 50% of CO2 emissions from Brazilian agribusiness.

A mega-railway of over 5,000 kilometers financed and studied by China could cut across Brazil from end to end, cross the Amazon and the Andes, and connect Bahia to a Chinese port on the Peruvian Pacific, shortening the journey of Brazilian soybeans to Asia by 12 days.

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

How does Brazil manage to deliver 13 gas cylinders per second?

R$ 27.6 billion will be invested in the largest railway in Brazil under an agreement that renews the VLI concession in Centro-Atlântica for another 30 years and returns to the Union about 3,100 km of tracks considered deficient, which may go to new operators.

Research with DNA extracted from feces showed that the elephants known as “ghosts” in the highlands of eastern Angola form a distinct genetic lineage, with closer proximity to populations from Namibia.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The five healthiest countries in the world have something in common that most people overlook; it’s not advanced medicine, it’s the balance between work and rest that is keeping their populations alive longer.