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CONCESSION POLICY

RIVER, ROADS, AIR AND SEA

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Railroads

RAILWAYS-West-East Integration Railway (FIOL) – EF-334/ BA

Relevance: it will sell iron ore produced in the region of Caetité / BA and the production of grains and ore from Western Bahia (Minas da Bahia Mineração – Bamin) through Porto Sul, a port complex to be built in the vicinity of the city of Ilhéus / BA. In the future, you will be able to establish the connection between that port and FNS.

stage:

08/29/2018

Studies

11/25/2019

Public Hearing

11/24/2020

TCU

12/16/2020

Bidding Documents

04/08/2021

Public Auction

09/03/2021

Contract

UF:

Brownfield project

Jobs created throughout the concession contract:

estimated 50.525 (direct, indirect and income effect).

Auction winner:

Bamin. Final grant amount: R$ 32.7 million

Current situation:

work carried out by VALEC. It has a physical advance of 76.2% and received approximately R$ 2.39 billion in investment.

Fixed Grant Amount:

Higher grant amount (minimum of R $ 32 million)

Expected load (in millions of tonnes / year, every 10 year): 18.4 t (2025); 51.9 t (2035); 52.8 t (2045); 33.8 t (2054).

LENGTH:

537 km

IRR:

11,04%

Expected Investment (CAPEX):

R$ 3.3 billions, of which R$ 1.6 billion to complete the works

Variable grant:

3.43% of gross operating revenue

Minimum grant:

R$ 32.7 million

Subconcession term:

35 years.

OPEX:

R$ 13,37 billion

SUBCONCESSION TERM:

35 years.

PPI QUALIFICATION:

Decree No. 8,916, of november 25, 2016.