Brazil unveiled a first-of-its-kind 40-year state financing line for railways, a bid to lure Chinese and European money into a long-delayed expansion.

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 unveiled a first-of-its-kind 40-year state financing line for railways, a bid to lure Chinese and European money into a long-delayed expansion.