Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Brazil’s Rio to Build Railway for Port Terminals, Globo Says

Jan. 1 (Bloomberg) -- Brazil’s Rio de Janeiro’s state plans to invest 1.7 billion reais ($911 million) to build a railway that will connect the main state port terminals, O Globo reported, citing a government official.

Valec - Engenharia, Construcoes & Ferrovias SA, a state-controlled company, will be responsible for the construction, according to Julio Lopes, Rio’s transportation secretary. The project also will receive financial support from Petroleo Brasileiro SA, Vale SA and EBX Group Ltd., Lopes told the Rio de Janeiro-based newspaper.

To contact the reporter on this story: Lucia Kassai in Sao Paulo at lkassai@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.