Transport Minister Renan Filho says he has full confidence in the "financiability" of the eight railway projects planned for next year. The sum of R$ 140 billion is expected to have public funding, directly supported by the National Economic and Social Development Bank (BNDES) in the intermediation with private investors. "The challenge is no longer highways, it is railways, due to their long-term nature. But there is certainly financiability," he said during the launch event of the portfolio, a ceremony held on Tuesday, the 25th. The minister said that the financiability of highway concessions, which had already been questioned, was overcome and projects the same for railways. "The initial investment in railway projects has difficulty due to the high value, but afterwards it is a fixed income above what traditional fixed income pays. There is financiability," said Renan Filho. He cited that highway concessionaires have raised funds from international funds, one of the new ...
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