$15.9 billion injected to bullet train project which now allows foreign companies in this process
Project shall be divided into two stages. The main new development is that the new Invitation to Bid allows the participation of foreign companies in this process.
At a Press Conference in the late afternoon, the General Director of the ANTT, Bernardo Figueiredo, announced that there will be two independent biddings: one for the hiring of the company that will take care of technology and also the operation of the train, and another for the construction of the work project itself.
According to Mr Figueiredo, the first stage should be assigned later this year, while the bidding for the infrastructure shall be left for 2012, so that the civil work may be defined once the choice of the rolling stock has been made.
The financial injection of R$ 20 billion (US$ 12.72 billion) from the BNDES will be maintained, with the possibility of an additional financing line of R$ 5 billion (US$ 3.18 billion) given by the National Treasury, as a subsidy, by reduction of interest.
At a Press Conference in the late afternoon, the General Director of the ANTT, Bernardo Figueiredo, announced that there will be two independent biddings: one for the hiring of the company that will take care of technology and also the operation of the train, and another for the construction of the work project itself.According to Mr Figueiredo, the first stage should be assigned later this year, while the bidding for the infrastructure shall be left for 2012, so that the civil work may be defined once the choice of the rolling stock has been made.
The financial injection of R$ 20 billion (US$ 12.72 billion) from the BNDES will be maintained, with the possibility of an additional financing line of R$ 5 billion (US$ 3.18 billion) given by the National Treasury, as a subsidy, by reduction of interest.
Brazilians growing purchasing power...
39.5 million Brazilians became part of the middle class between 2003 and May 2011, according to a report from the Getúlio Vargas Foundation, FGV. "The years 2010 and 2011 have been exceptional," since ten million people have been incorporated to the C bracket of society said Professor Marcelo Neri.According to the FGV report, currently 105 million Brazilians belong to the middle class C with a family income in the range of US$ 750 to US$ 3.229 per month. However another 63.6 million are still in poverty brackets D and E while 22.5 million are described as belonging to the population segments with the highest purchasing power (A and B).
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