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05.20.08
» BNDES finances São Paulo Subway Line 2 expansion with R$1.58bn
President Luciano Coutinho and São Paulo governor, José
Serra, signed on Tuesday, 20, a R$1.58bn financing contract
for the expansion of Line 2 (Green) of São Paulo subway.
During the implementation of Line 2 expansion project, 3.6
thousand direct and 5.4 thousand indirect jobs. Luiz Inacio
Lula da Silva attended the event that took place in a
ceremony that launched the Growth Acceleration Program works
in the shanty town of Heliópolis.
Expansion will be to the southeast, from Alto do Ipiranga
station to Vila Prudente district. The project covers the
implementation of a 4.3km line, three stations (Sacomã,
Tamanduateí and Vila Prudente), a parking lot and
maintenance area and purchase of 16 trains with six rail
cars each.
The loan granted by BNDES to São Paulo state government
corresponds to 80% of R$1.97bn financeable items. The
project, expected to be completed by 2010, is part of the
investments in the railway system of Secretaria de Estado
dos Transportes Metropolitanos de São Paulo (São Paulo
Metropolitan Transport State Office – STM) with maturity up
to 2015.
When the project starts up, it will represent 290 thousand
more passengers a day in Line 2, not to mention the
employment opportunities it will deliver. This way, its
demand must increase to around 530 thousand passengers a day.
The total number of stations will jump from 11 to 14 and the
number of trains will jump from 11 to 27.
The construction of the railway stretch will allow the
interconnection between the southeast region of the city to
Paulista Avenue, enabling the users of that region to have
access to the subway and railway system of the metropolitan
region, especially the downtown and the cities of Santo
André, São Bernardo do Campo, São Caetano do Sul and
Diadema, through the integrated operation bus-subway and the
integration subway-train.Line 2 of São Paulo subway is
currently 10.7km long, from Vila Madalena station to the
recently open Alto do Ipiranga station. Vila Madalena -
Clinicas and Ana Rosa - Alto do Ipiranga stations were also
constructed with BNDES funds.
Recognized by the international subway authorities as one of
the most efficient systems in the world, São Paulo subway
currently transports around 3 million passengers a day,
considering the transfers between lines.
The main highlights of the project financed by is the
expansion and consolidation of the subway system and public
transport in the largest metropolitan region of Brazil. It
will also solve problems of bottlenecking in the city,
bringing positive impacts to the environment; generating
carbon credits as a consequence of decrease of CO² emissions.
Additionally, Brazilian manufacturers will enjoy an increase
in the orders of metropolitan train and pull and control
systems.
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