Government of Sao Paulo

TIC Eixo Norte Intercity Rail Project – BNDES Financing

Industry
Social infrastructure/Rail
Area of finance
Project & Infrastructure Finance
Region
Latin America
Latin America
Countries
Brazil

Project Overview

BNDES signed BRL 3.2 billion (~$ 611 billion) in financing contracts with the Government of the State of São Paulo to fund the implementation of the North Axis Intercity Train (TIC Eixo Norte), which will connect São Paulo to Campinas.

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Deal Volume
$610.89m
Financial Close
25/03/2026
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Tranches

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Project Deals

InterCity Train (TIC North Axis) (São Paulo to Campinas) Project
$3.13bn
Brownfield
Rail
Latin America
Latin America
Brazil