The federal government will proceed the auction of the High-speed Train (HST) in November, with the accomplishment of the public audiences to pick suggestions and critics to the announcement of the enterprise, that should be published on October 26. The population of São Paulo, Rio, Campinas, São José dos Campos, Barra Mansa and Volta Redonda – all future obligatory stops of the train – it can participate in the audiences. Next week the government will present the project to Conselho Nacional de Desestatização (CND), for formal approval. Then, it will be sent to TCU for evaluation.
If the auction happens, as it is waited by the Palácio do Planalto, until the end of March of 2010, the government’s sources think will be feasible to finish the strech among Campinas, São Paulo and São José dos Campos for the World Cup of 2014. In this scenery, they also find possible to conclude the whole project until the Olympic Games of 2016.
For that, the compensation process for the expropriations – that will only cost to the Union at least R$ 2,3 billion – it will already begin in the second semester of 2010. Those compensations they should be paid to rural properties crossed by the line and to immobile in the periphery of the cities through where will pass the train. In the capitals, the train will be underground, avoiding expropriations.
As the model presented in September, the Federal Government will be partner of the HST and it will apply R$ 3,4 billion in the project, the equivalent to 9,8% of the value of the enterprise. From the total, R$ 1,1 billion will be paid in money and other R$ 2,3 billion will come from the portion to be paid by the public power for the expropriation of the areas. The government’s arm in the enterprise will be the Empresa de Pesquisas Ferroviárias (EPF), that is also called inside of the government by Empresa de Transporte Ferroviário de Alta Velocidade (Etav).
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The state-owned company will supervise the execution of the project of construction of the railroad and it will be the responsible for the coordination and articulation of the technology transfer to the country. The bill that creates the new company is already ready and it just awaits the government’s decision of sending it to the Congress.
Besides the six foreign consortium that interested parties were shown in the project, the Chinese government formalized in the last weeks the disposition of disputing the work. The project will allow the winner to make alterations in the approved itinerary for the government. Since the beginning of the discussions they were already studied about 50 variations of the plan.
The government will also finance the project in quite advantageous conditions. Of the R$ 34,626 billion, R$ 20,868 billion (60%) will be financed by the National Treasure for the winner company of the auction, through BNDES, with period of 30 years for payment, lack of five and a half years and interests of 6% a year. The winner company of the auction will have to arch with R$ 6,9 billion and the international financing banks can inject up to R$ 3,3 billion in the project.
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