The Government of São Paulo has announced plans to develop a 431-km long inter-city passenger rail network at an investment of USD5.5 billion. The project will be a part of Brazil’s federal concessions programme and will secure funding from the National Bank for Economic Development/Banco Nacional de Desenvolvimento Econômico e Social (BNDES).
The railway network will comprise two corridors. The North-South corridor will extend from Americana and Campinas to Santos and the East-West corridor will extend from Sorocaba to Taubaté. It will be developed in various phases.
Phase I will span 135 km from Americana to São Paulo, covering nine stations. It is expected to have a daily ridership of 60,000 passengers and maximum speed of 160 km/hr.