03 November 2010

BRASIL: Cost Of $19 Billion Rio To S.P. Bullet Train Based On Faulty Studies.

G.POST/ Bryan Gibel /
Did you know that Brasil is planning to build a bullet train from Rio to Sao Paulo?
Preliminary cost estimates are almost $19 billion but its price could triple because geological surveys conducted were minimal.
The bidding process for a private consortium that will carry out construction, operation and maintenance of the line for 40 years... began in July.