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RAILWAYS RESTRUCTURG

Abstract*

The Federal Railways Restructuring and Privatization Project aims to reduce the cost of freight transport in Brazil's main corridors by restructuring and privatizing the federal railways. Specific objectives are to: 1) improve performance by restructuring and concessioning Rede Ferroviara Federal S.A.'s (RFFSA) operations to private operators, and by restructuring its finances to settle debts and labor liabilities; 2) increase productivity through...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

ASSIST GOVERNMENT IN RESTRUCTURING AND PRIVATIZING FEDERAL RAILWAYS(RFFSA), INCLUDING REFORMING REGULATORY FRAMEWORKS, ESTABLISHINGREGULATORY AGENCY, AND REDUCING, REDEPLOYING & RETRAINING RAILWAYSTAFF.

Key Details

Project Details

  • P040028

  • Closed

  • Aymeric-Albin Meyer

  • N/A

  • Brazil

  • June 20, 1996

  • (as of board presentation)

    June 20, 1996

  • October 31, 1996

  • US$ 275.00 million

  • B

  • Not Applicable

  • June 30, 2002

  • BANK APPROVED

  • March 11, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 275.00
Borrower/Recipient 356.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 275.00
IDA Commitment N/A
IBRD + IDA Commitment 275.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 631.00

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 20, 1996 IBRD-40460 Loan Commitment 350,000,000.00
Jun 20, 1996 IBRD-4046A Loan Commitment 151,483,456.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-27-2003PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.