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Article: Brazil: U$M 211.7 to improve Suburban Rail Transportation in Rio de Janeiro.
- Article from:
- TendersInfo
- Article date:
- July 11, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: rakshali03
The World Bank Board of Executive Directors approved today a US$211.7 million loan to the Rio de Janeiro Mass Transit 2 Project to improve the level of service provided by the suburban rail transportation system in the metropolitan region of the State of Rio de Janeiro.
The Rio de Janeiro Mass Transit 2 Project continues a long partnership between the State of Rio de Janeiro and the World Bank in the urban transport sector that dates back to more than 15 years ago, when the Brazilian Federal Government initiated the decentralization of the federally-owned and operated suburban rail system Brazilian Urban Train Company (CBTU, in its ...