Prep begins on Brazil metro P3s

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The International Finance Corporation (IFC) is looking for advisors to help prepare multiple subway concessions in Brazil.

Under the plans, an unnamed authority is preparing a set of state-owned subway lines and the development of two greenfield lines.

The multilateral is looking for technical consultants to take part in the structuring process for the project.

Earlier this year, the Government of Sao Paulo announced that it will auction the Trem Intercidades rail P3 in November this year.