Rio light rail receives BNDES funding

2015-08-20T10:53:00

The light rail line will be operated with a fleet of 32 Alstom Citadis trams.

BRAZIL: Federal development bank BNDES announced on August 19 that it had agreed to provide 42% of the R$1∙77bn cost of the light rail network under construction in Rio de Janeiro, making R$746∙5m available to concessionaire VLT Carioca.

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