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.
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
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.
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.