Monday, July 19, 2010

Brazil invites bids for Olympic train

BRASILIA: A high-speed train between Brazil's largest cities, Rio de Janeiro and Sao Paulo, should be ready in time for the 2016 Olympics, President Luiz Inacio Lula da Silva said yesterday.

"I think that it's completely feasible that we'll inaugurate the project by 2016," Lula said .

"We want the project to be ready for the 2016 Olympic Games." The Brazilian government yesterday published
specifications of the project, with an estimated cost of 33 billion reals (RM30b). It has attracted interest from companies from Europe to Asia. Companies have until Nov 29 to present their bids, before a decision is made on Dec 16.

Source

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