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[March 16, 2006]

TCU to release Porto Alegre metro report by month-end

(BNamericas.com Via Thomson Dialog NewsEdge)Brazil's national audit court (TCU) will release a report by month-end regarding a metro expansion project for the city of Porto Alegre, the city's federally controlled metro company Trensurb said in a release.


The project includes extending existing line 1 by 9.3km and four new stations in the Rio dos Sinos, Santos Dumont, Fenac and Novo Hamburgo. The TCU must authorize the expansion before works can begin.

Transurb estimates that 15,000 Novo Hamburgo resident will ride the train daily, and that project will increase demand for the metro system by 50,000/day. Porto Alegre has 1.36 million residents and is the capital of Rio Grande do Sul state.

The project is budgeted at 352mn reais (US$166mn), 200mn reais of which will come from the federal government.

State government and Trensurb officials have been waiting to begin the expansion project since 2001 when they submitted their proposal to the TCU.

Assuming the TCU authorizes the project, Trensurb officials expect to begin works by June.

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