Rousseff to sign agreement for US$875mn monorail construction in Rio

Friday, September 6, 2013

Brazil's President Dilma Rousseff and Rio de Janeiro governor Sérgio Cabral will sign a financing agreement on Wednesday (Sep 11) for the 2bn-real (US$875mn) construction of metro line 3 in state capital Rio, federal news service Agência Brasil reported.

The new line, to be a 22km monorail with 14 stations, will link the state capital with neighboring cities Niterói, São Gonçalo and Itaboraí. The federal government will cover 66% of the project cost through its national urban mobility plan and the remaining 33% will be provided by the state.

The initiative is one of the actions that federal and state governments are taking to help respond to nationwide protests in June, which demanded better urban transportation services, the report said, explaining that a monorail design was chosen due to its lower construction cost.

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This project is very important for the people of Niterói and São Gonçalo and is a triumph for the eastern metropolitan region of Rio de Janeiro, the governor said in the report.