Saturday, July 28, 2007

Brazil moving out of air crisis with projected US$ 1,7 billion train between Sao Paulo airports

Next Sunday President Lula and his brand-new Defense minister, Nelson Jobim, will get together to play some third-age soccer and decide how much money the federal budget can afford in order to solve the national air crisis.

And pave the road to an eventual solution for Lula´s succession.

They were looking for and perhaps had found a name,  acceptable by left and right wings, to try to keep power within the coalition between Lula´s Workers Party (Partido dos Trabalhadores-PT) and Jobim´s PMDB (Brazilian Democratic Movement Party).

A fast train between two points… humm, there will be a lot of money going around that.

Sao Paulo governor Jose Serra presented Jobim yesterday a plan to build in three years a fast light train between International Guarulhos Airport and domestic Congonhas airport inside Sao Paulo city, at the cost of R$ 3,4 billion (US$ 1,7 billion).

Not that bad, as Federal Government  would have to put only R$ 580 million, while Sao Paulo state would invest R$ 1,5 bi and private companies R$ 1,2 billion.

It now depends on telling Guido, the Finance minister, the whole story about the plan to solve an air crisis he himself thought was just an expression of economic healthness.

An expensive one, indeed. 

Posted by Joao Arnolfo at 04:52:43 | Permalink | No Comments »