Latest News
Forestry Investment News
Transport investment in Brazil announced
25/04/2012
The Brazilian government is due to launch a substantial investment plan to improve the country's transport system.
A total of $17 billion is to be poured into public transport ahead of the 2014 World Cup and the 2016 Summer Olympics in a bid to ensure the events run smoothly and locals and visitors are able to get around safely and easily.
President Dilma Rousseff announced the investment plans earlier this week in a speech that explained that streetcars, subways and bus stations would all be improved as a result of the funding.
“Young people, children and adults use these transport systems and mass transit most serves people with the lowest incomes,” Fin24 reported her as saying.
In fact, the president claimed that a total of 53 million Brazilians would benefit from the transport projects, not to mentioned the thousands of tourists and visitors expected to descend on Brazil in the coming years.
Brazil's major cities, such as Sao Paulo and Rio de Janeiro, have grown at a significant rate over recent years as the country's economy has enjoyed a boom period. Now that a stable government is in place, Brazil is working to establish the essential infrastructure required to maintain its new-found prosperity.
A total of $17 billion is to be poured into public transport ahead of the 2014 World Cup and the 2016 Summer Olympics in a bid to ensure the events run smoothly and locals and visitors are able to get around safely and easily.
President Dilma Rousseff announced the investment plans earlier this week in a speech that explained that streetcars, subways and bus stations would all be improved as a result of the funding.
“Young people, children and adults use these transport systems and mass transit most serves people with the lowest incomes,” Fin24 reported her as saying.
In fact, the president claimed that a total of 53 million Brazilians would benefit from the transport projects, not to mentioned the thousands of tourists and visitors expected to descend on Brazil in the coming years.
Brazil's major cities, such as Sao Paulo and Rio de Janeiro, have grown at a significant rate over recent years as the country's economy has enjoyed a boom period. Now that a stable government is in place, Brazil is working to establish the essential infrastructure required to maintain its new-found prosperity.
RSS