How to invest?

Planning

SCT establishes medium and long term sectorial programs for airport infrastructure development, based on the objectives and strategies defined by the National Development Plan and the National Infrastructure Program. The principal objectives are to: a) develop bypasses and relocate railway tracks; b) build shoulders; c) carry on works for logistics nodes; d) rehabilitate and maintain railways and bridges; and, e) implement a comprehensive program of railway safety.

Identification

SCT identifies railway projects to be developed, in accordance with planning documents. Unsolicited proposals of PPP projects must be aligned to national and sectorial plans.

Structuring

The General Direction of Railway and Multimodal Transport prepares, by itself or by means of third parties, the necessary pre-investment studies and analysis, required for the development of railway and multimodal projects.

Registration

For those projects that require federal funds, SCT presents a registration application to the Investment Unit of the Ministry of Finance (whether funded with fiscal budget or by the National Infrastructure Fund or FONADIN).

Prioritization

The CIGFD will evaluate the projects that require the allocation of federal funds, and will decide its inclusion in the draft of the annual expenditure budget. Additionally, this commission will determine the prioritization of the projects based on a) socioeconomic profitability; b) its impact in extreme poverty reduction; c) regional development, and d) concurrence with other programs and investment projects.

Authorization

• Projects that require federal funds are authorized by by the House of Representatives.
• Projects with funding from FONADIN are authorized by the Fund.
• The IU will issue an opinion of economic viability for those projects that do not require public resources.

Promotion

The Railway and Multimodal Transportation General Direction is responsible for the promotion of the projects

Bidding

The bidding process is responsibility of the Railway and Multimodal Transportation General Direction, and the process must be registered in CompraNet.

Financing

Different sources of funds are available for the projects, depending on their particular characteristics and their financial structure, including federal funds or PEF, and funds form the FONADIN, BANOBRAS, commercial banks, institutional and private developers, and from institutional investors.

Execution and Operation

Carried out by the awarded operators or developers, under the surveillance of the SCT, according to contract terms.