Article: BRAZIL $ 211.7 MILLION TO IMPROVE SUBURBAN RAIL TRANSPORTATION IN RIO DE JANEIRO

WASHINGTON, July 9 -- The International Bank for Reconstruction and Development issued the following press release:

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 ...

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