The project consists of three stretches that will connect the city of Ilhéus (in the state of Bahia) to Figueirópolis (located in the state of Tocantins), with a total distance of 1,527 km. Stretch 1, known as FIOL I (between Caetité and Ilhéus), was acquired in an auction, and will measure 537 km in distance. In September 2021, BAMIN signed the concession contract (covering a period of 35 years) with the Ministry of Infrastructure (MINFRA). The project’s route will take it through 19 municipalities and should handle up to 60 million tons per year – with 60% of this capacity to be made available to other mining companies, in the agribusiness space and other sectors. The investment is estimated to be worth R$ 5.5 billion, reflecting five years of construction and three decades of operations. This stretch will constitute an important logistics integration and export corridor for the country, and is already among the largest infrastructure projects being advanced in Brazil. The Ministry of Infrastructure estimates that the project will create 55 thousand direct and indirect jobs. Stretch 2 links Caetité and Barreiras (a distance of 485 km) and Stretch 3 begins at Barreiras and terminates at Figueirópolis (a distance of 505 km). Both stretches are being administered by the Federal Government.