By submitting this form, you are agreeing to the Terms of Use and Privacy Policy.
All wheeled transportation on rails is referred to as rolling stock, and this includes both powered and non-powered coaches, carriages, passenger cars, and freight waggons.
It is regarded as one of the most economical means of transportation for long-distance delivery of big or bulky items as well as for commuters.
In addition, it is simple to modify to the precise needs of the customer and offers a higher carrying capacity than traditional modes of transportation.
The Brazil Rolling Stock Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030 registering a CAGR of XX% from 2024 to 2030.
For the completion and operation of a FIOL (East-West Integration) railway line, the Brazilian Federal Government has signed a concession agreement with Eurasian Resources Group’s (ERG) Brazilian subsidiary Bamin.
The construction projects, which were previously carried out by the government-owned railway engineering and construction company Valec, will now be handled by Bamin.The 35-year sub-concession includes five years for the railway’s construction and thirty years for operation.
Millions of dollars will be invested by Bamin in the railroad and rolling stock. As the largest transport company in Central Asia, this project will give Bamin the chance to benefit from ERG’s global experience. Along the route, Bamin also plans to set up more than 30 loading stations.
These stations are anticipated to improve production chains, open up new commercial opportunities, and offer opportunities for local producers.
When finished, FIOL will enable the annual transit of 60 million tonnes of freight. The Porto Sul, which is being built in Ilhéus, Bahia, will be connected to the Pedra de Ferro mine in Caetité by the FIOL railway.