BRAZIL: On June 4 national development bank BNDES announced that it had agreed to provide R$4∙47bn to the São Paulo state government, 39∙2% of the cost of building metro Line 6 in the city of São Paulo. The state government is providing 13∙9% from its own resources, with the remaining 46∙9% to be met by the Move São Paulo consortium of Odebrecht, Queiroz Galvão and UTC Participações.
Move São Paulo has been awarded the PPP concession to build, operate and maintain Line 6 which runs until April 2039. Due for completion over the next six years, the 13∙3 km route would run from Brasilândia to São Joaquim, serving a total of 15 stations and operated with a fleet of 20 trainsets.
According to demand forecasts, the new line is expected to carry 633 300 passengers/day. The construction phase of the project is expected to create 7 560 direct and 4 120 indirect jobs, with 650 direct and 308 indirect jobs created when Line 6 enters service.