Federal Government should make first HSR auction by May 2013

The government wants to perform the first concession auction of the bullet train project connecting Campinas, São Paulo and Rio de Janeiro, by the end of May next year. The estimate is in the balance sheet of the Brazilian Growth Acceleration Program 2 (PAC 2 – Programa de Aceleração do Crescimento 2), released on this Thursday by the Ministry of Planning.


In the first auction, the technology and the responsible for system operation will be chosen. In a second auction, which has not been scheduled yet, the concessionaire responsible for the infrastructure of the track will be selected.


According to the balance sheet of PAC, the notice to bid of the first phase of the auction should leave by the end of October this year, and the signature of the contract with the concessionaire should take place in October 2013.

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