A number of bidders are understood to be in the running for Brazil’s £12bn Rio-São Paulo high speed rail project, with the tender process expected to startimminently.
NCE sister title Infrastructure Journalhas learned that the invitation to tender for the 40-year deal will be released at the end of this week and the tender process is expected to take place in November 2010.
A host of firms from Japan, France, South Korea, China, Germany and elsewhere are all interested in the project. Big names include Japan’s Mitsui, France’s Alstom and the China Railway Construction Company (CRCC).
Some of the potential bidders have concerns over whether participating makes sense given the level of competition and the investment that will be required to put together a bid.
The timescale of the project is a 40 year concession, including five years of construction. Government officials are hopeful that the project will be ready for the 2016 summer Olympic Games in Rio de Janeiro.
The high-speed train will connect the cities of Campinas, São Paulo and Rio de Janeiro. The estimated length of the railway on which the high-speed train will operate is 510km, including 90km of tunnels and 108km of bridges.