The regional Government of Goias has confirmed that submission and opening of proposals for the construction, maintenance and operation of a light rail PPP project in Goiania will take place on November 18th, at 9:00 am.

The Government first published the project announcement on June 21st, 2013. However, this announcement was suspended due to administrative reasons and by recommendation of the Controladoria Geral do Estado, who proposed modifications to the tender documents.

The estimated investment for the project is R$ 1,3 billion (US$575 million) and the government will provide with a grant of R$ 805 million (US$356 million). R$ 390 million will be provided by the Banco Nacional de Desenvolvimento Econômico e Social (BNDES); R$ 215 million by Programa de Aceleração do Crescimento (PAC) and R$ 200 million will come from special funding for the project.

The private partner will invest R$ 495 million (US$225 million).

The light rail project will have 14 kilometers, 12 stations and will replace the current bus corridor Eixo-Anhanguera, that crosses the capital from east to west.

The term of the contract will be 35 years. The government expects that the SPV will be formed before the year ends. The project should be operational in a period of two years.