Rio’s ongoing billionaire projects

Porto Maravilha simulation

The city of Rio de Janeiro is a big construction site. From infrastructure to embellishment of the port, an ensemble of projects pose investment opportunities for Brazilian and international investors.  

Porto Maravilha

The revitalization of the port area, Porto Maravilha (waterfront area), is the largest public-private partnership in Brazil, will receive $ 4.5 billion.

Public transportation, the key issue

Bus needs a hand in the Av. Rio Branco, center of Rio (Photo globalpost)

Traffic jams in Rio are a serious concern. Cars and confusing buses inundate the streets of a city caught between gorgeous mountains and the sea… and mass transportation is precarious. Going by car from Ipanema to the bus terminal downtown for instance you can take an hour and a half on rush hours.

So a very important project for the city investments directed toward a new integrated intermodal transport system. This project was designed to provide cross-city transportation, through 140 km of Bus Rapid System lanes serviced by 1,300 new buses.

This Bus System will be linked with new trains and new subway lines. By 2015, the number of passengers using mass transit will increase from 16% to 63%.

Check what else is on the drawing board.

Source: Rio Negocios

Projects information come from the presentation made by Michael Charlton, director of Rio Negocios at the Brazilian Embassy in Paris. Michael’s presentation is available in full on the website of the Chambre de Commerce du Brésil en France.

 

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About Hildete Vodopives

Hildete de Moraes Vodopives is founder of Brazil Global and of the Harvard Strategists Bureau. She is a member of the Brazilian Investment Analysts Association (APIMEC-Rio) where she served as Corporate Relations Director and later, on the board. Hildete advises companies doing business in Brazil. She lives between Paris and Rio and is a member of the Harvard Club of Paris and of the Mercosur Women’s Forum.
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One Response to Rio’s ongoing billionaire projects

  1. Pingback: Brazil: our highlights of 2012 | Brazil Global

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