On September 2nd, ore exploration and exportation company Bemisa Group formalized with the Ministry of Infrastructure its interest in facilitating the completion of the Suape branch of the Transnordestina Railway. The company intends to install an iron ore terminal on the island of Cocaia, in Suape, and to transport the product from its deposits located in Piauí. Negotiations with the Bemisa Group had been underway with the government of Pernambuco since 2019 to complete the state section of the railway, whose works began in 2006. The railway branch of Transnordestina that connects Curral Novo, in Piauí, and the Port of Suape, is 717 kilometers long. The planned investment is valued at R$ 5.7 billion, and the project will generate hundreds of jobs for the people of Pernambuco. Details of the partnership with the government will be announced shortly, putting an end to the impasse generated after the federal government announced that the concessionaire company Transnordestina Logística SA, belonging to the CSN Group, would only complete the stretch from Elizeu Martins (PI) to the Port of Pecém, on the Ceará coast, 92 kilometers longer than the branch to Suape.
Source: Datamar News