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This Morning (15), the Ministry of Infrastructure (Minfra) and Rumo Company Anticipated R$ 5.1 Billion Related to Payments Due for the Grant of the Paulista Network and the North-South Railway
With this amount of R$ 5.1 billion, Rumo has cleared about 85% of its debt to the government, and the Ministry of Infrastructure is grateful. Furthermore, with this agreement with the Ministry of Infrastructure and the ANTT, the money will be deposited into the account today (15).
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Rumo Company Renews Paulista Network Until 2058
Of the 5 billion deposited today, approximately 2.8 billion corresponds to 70 quarterly payments, as previously mentioned – 85% of the debt settled. Minister Tarcísio Gomes Renewed His Hopes in the Current Bolsonaro Government and Posted a Tweet Earlier Highlighting This:
O @MInfraestrutura acabou de garantir a antecipação de mais de R$ 5 bilhões de arrecadação ao Tesouro de seu programa ferroviário. A concessionária pagou de uma vez 129 parcelas entre Norte-Sul e Malha Paulista. Sinal grande de confiança do setor com o Governo @JairBolsonaro pic.twitter.com/nBrBN3hSy5
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— Tarcísio Gomes de Freitas (@tarcisiogdf) September 15, 2020
About Rumo Paulista Network
The Rumo Paulista Network, extending 1,989 km, is the most important export corridor for agribusiness in broad gauge (1.60 m), through which loads from the Midwest circulate, originating from the Rumo North Network and Rumo West Network (the latter, in metric gauge, accesses the Paulista Network in Mairinque/SP, where the gauge is mixed) and heading to the Port of Santos.
It crosses the entire State of São Paulo from Northwest to Southeast, from Rubinéia, on the banks of the Paraná River, to Santos. The descent of the Serra do Mar is done by simple adhesion. It also includes the Colombia branch, which departs from Araraquara northward to reach the banks of the Rio Grande, and the Panorama branch, which departs from Itirapina westward to reach the Paraná River.
The Main Transportation Flows Come from the North and West Networks, Heading to Santos. The Main Goods Moved in 2018, in Thousands of Tons, Were:
- corn, 9,855;
- soybeans, 6,996;
- sugar, 2,629;
- soybean meal, 4,053;
- diesel oil, 1,428;
A large part of the grant for this project, calculated at R$ 2.91 billion, may be directed toward public interest investments, such as new investments in the network itself or in other interventions in the national railway network (crossed investments). These improvements will be the obligation of the concessionaire.
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