Brazil has delayed most of its 2026 railway auctions to 2027, slowing a plan worth billions to expand the tracks that carry its grain and ore.
Brazil · Markets
Key Facts
—Slipping. The eight rail auctions Brazil meant to hold in 2026 have mostly been pushed into 2027.
—The number. The plan covers about R$140bn ($28bn) in construction across thousands of kilometres of track.
—Why. The government blames unfinished technical studies, draft rules and audit-court review.
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