October 1, 2019
The International Finance Corporation (IFC) said it will help structure and procure a concession for two commuter rail lines in the state of São Paulo.
IFC will conduct studies and work with the São Paulo state government on the bidding process for the concession for Line 8 and Line 9 of the Companhia Paulista de Trens Metropolitanos (CPTM), it said in a press release.
The multilateral agency has advised the São Paulo state government on a toll road concessions program since 2016. It formed the
São Paulo state government seeks a private partner to repair and operate two existing CPTM lines