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VLI guarantees that it will invest more than R$12 billion in the Central-Atlântica railway network
Positioning is a response to the calculation that the company would invest 94.3% of capital capex in locomotives and wagons
Published on October 24, 2024 at 5:18 pm
null Credit: Illustration created with ChatGPT
VLI, a company that is requesting the National Land Transport Agency (ANTT) to extend the concession contract for the Centro-Atlântica Railway for another 30 years, guarantees that more than half of the R$ 24 billion planned in investments will be applied to the railway network . Furthermore, the company also states, in a note from its press office, that a large part of the investments will be made in the first 10 years of the concession renewal.
The VLI report is a response to the note published by Farol Econômico this Thursday (24th), with the analysis of experts in the infrastructure area on the renewal proposal presented by the company. These analysts guarantee that what is foreseen in the contract is the percentage of “94.3% of capital capex (R$ 11.7 billion) in rolling stock” – that is, locomotives and wagons. The remainder of the capex, called recurrent, would only be used for track maintenance.
Farol Econômico also addresses the deadline for investments. The sources consulted indicate that a significant part of the investments should only take place from 2040 onwards, contrary to the usual scenario, which is between five and ten years.
Finally, the note also addresses the concern with resolving conflicts between the railway network and urban centers. In this case, the expected investment is R$300 million. It is the lowest amount presented by all companies that have renewed their networks so far, even though it is the largest in territorial extension.
One of the frequently recurring criticisms during the public hearings was the lack of clarity regarding the renovation project. The scenario almost caused the last public hearings, including the one in Salvador, to be canceled by an injunction in the Rio de Janeiro Courts.
Read the full VLI note on the subject:
“VLI clarifies that more than half of the investment planned for the renewal of the FCA concession will be in the network itself. A large part of the investments will be made in the first 10 years of the concession renewal.”
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