Brazil-Argentina to build São Paulo monorail

A Brazilian-Argentine consortium, ABC Integrado, is to build, operate and maintain the US$1.84 billion metro line 18 monorail in the city of São Paulo, Brazil.

The consortium, which was the sole bidder for the contract, is made up of local engineering group Primav, which controls highway operator EcoRodovias, local construction companies Encalso and Cowan, and Argentina's Benito Roggio Transportes.

The 25-year concession calls for building a 15 kilometre monorail, with 13 stations from São Paulo city to the neighbouring ABC region. Construction should be completed in 2018.