Rail and Subway Concessions in Rio de Janeiro
To help address a budgetary crisis in early 1995, the Rio de Janeiro state government began reforms aimed at selling or concessioning to the private sector loss-making state-owned enterprises. In the transport sector this meant selling or concessio...
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| Format: | Viewpoint |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1999/04/440979/rail-subway-concessions-rio-de-janeiro http://hdl.handle.net/10986/11486 |
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okr-10986-114862021-06-14T11:02:26Z Rail and Subway Concessions in Rio de Janeiro Rebelo, Jorge M. AFFILIATED ORGANIZATIONS AUCTION BID BIDDERS BIDDING DOCUMENTS BUS SERVICES BUSES CASH FLOW ANALYSIS COMMITMENT COMPETITIVE BIDDING CONCESSION CONCESSION FEE CONCESSIONS DECENTRALIZATION DEFICITS FEDERAL GOVERNMENT GOVERNMENT'S POLICY INFLATION INSTITUTIONAL FRAMEWORK INVENTORY LOAN MASS TRANSIT NET PRESENT VALUE OPERATING SURPLUS PASSENGER PENALTIES PRESENT VALUE PUBLIC SERVICES RATIONALIZATION REGULATORY AGENCY REHABILITATION REVENUE SHARING SAFETY SAVINGS STATE ADMINISTRATION STATE GOVERNMENT STATE-OWNED ENTERPRISES TRAINS TRANSPARENCY TRANSPORT TRANSPORTATION URBAN TRANSPORT PRIVATIZATION RAIL TRANSPORTATION SYSTEMS METROS CONCESSIONS URBAN TRANSPORTATION FINANCE CONCESSION BIDDING LIGHT RAIL TRANSIT To help address a budgetary crisis in early 1995, the Rio de Janeiro state government began reforms aimed at selling or concessioning to the private sector loss-making state-owned enterprises. In the transport sector this meant selling or concessioning subway, commuterrail, bus, and ferry services, at the time requiring subsidies of US $363 million annually. This note describes the concessioning of Rio's subway, the Metro, in December 1997 and its commuter rail service, Flumitrens, in July 1998. Together they accounted for 80 percent of the subsidies. The reform was expected to eliminate subsidies for the Metro and reduce them by two-thirds for Flumitrens, to improve service, and to clear the backlog of maintenance and investment. 2012-08-13T15:12:11Z 2012-08-13T15:12:11Z 1999-04 http://documents.worldbank.org/curated/en/1999/04/440979/rail-subway-concessions-rio-de-janeiro http://hdl.handle.net/10986/11486 English Viewpoint: Public Policy for the Private Sector; Note No. 183 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research Latin America & Caribbean Brazil |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AFFILIATED ORGANIZATIONS AUCTION BID BIDDERS BIDDING DOCUMENTS BUS SERVICES BUSES CASH FLOW ANALYSIS COMMITMENT COMPETITIVE BIDDING CONCESSION CONCESSION FEE CONCESSIONS DECENTRALIZATION DEFICITS FEDERAL GOVERNMENT GOVERNMENT'S POLICY INFLATION INSTITUTIONAL FRAMEWORK INVENTORY LOAN MASS TRANSIT NET PRESENT VALUE OPERATING SURPLUS PASSENGER PENALTIES PRESENT VALUE PUBLIC SERVICES RATIONALIZATION REGULATORY AGENCY REHABILITATION REVENUE SHARING SAFETY SAVINGS STATE ADMINISTRATION STATE GOVERNMENT STATE-OWNED ENTERPRISES TRAINS TRANSPARENCY TRANSPORT TRANSPORTATION URBAN TRANSPORT PRIVATIZATION RAIL TRANSPORTATION SYSTEMS METROS CONCESSIONS URBAN TRANSPORTATION FINANCE CONCESSION BIDDING LIGHT RAIL TRANSIT |
| spellingShingle |
AFFILIATED ORGANIZATIONS AUCTION BID BIDDERS BIDDING DOCUMENTS BUS SERVICES BUSES CASH FLOW ANALYSIS COMMITMENT COMPETITIVE BIDDING CONCESSION CONCESSION FEE CONCESSIONS DECENTRALIZATION DEFICITS FEDERAL GOVERNMENT GOVERNMENT'S POLICY INFLATION INSTITUTIONAL FRAMEWORK INVENTORY LOAN MASS TRANSIT NET PRESENT VALUE OPERATING SURPLUS PASSENGER PENALTIES PRESENT VALUE PUBLIC SERVICES RATIONALIZATION REGULATORY AGENCY REHABILITATION REVENUE SHARING SAFETY SAVINGS STATE ADMINISTRATION STATE GOVERNMENT STATE-OWNED ENTERPRISES TRAINS TRANSPARENCY TRANSPORT TRANSPORTATION URBAN TRANSPORT PRIVATIZATION RAIL TRANSPORTATION SYSTEMS METROS CONCESSIONS URBAN TRANSPORTATION FINANCE CONCESSION BIDDING LIGHT RAIL TRANSIT Rebelo, Jorge M. Rail and Subway Concessions in Rio de Janeiro |
| geographic_facet |
Latin America & Caribbean Brazil |
| relation |
Viewpoint: Public Policy for the Private Sector; Note No. 183 |
| description |
To help address a budgetary crisis in
early 1995, the Rio de Janeiro state government began
reforms aimed at selling or concessioning to the private
sector loss-making state-owned enterprises. In the transport
sector this meant selling or concessioning subway,
commuterrail, bus, and ferry services, at the time requiring
subsidies of US $363 million annually. This note describes
the concessioning of Rio's subway, the Metro, in
December 1997 and its commuter rail service, Flumitrens, in
July 1998. Together they accounted for 80 percent of the
subsidies. The reform was expected to eliminate subsidies
for the Metro and reduce them by two-thirds for Flumitrens,
to improve service, and to clear the backlog of maintenance
and investment. |
| format |
Publications & Research :: Viewpoint |
| author |
Rebelo, Jorge M. |
| author_facet |
Rebelo, Jorge M. |
| author_sort |
Rebelo, Jorge M. |
| title |
Rail and Subway Concessions in Rio de Janeiro |
| title_short |
Rail and Subway Concessions in Rio de Janeiro |
| title_full |
Rail and Subway Concessions in Rio de Janeiro |
| title_fullStr |
Rail and Subway Concessions in Rio de Janeiro |
| title_full_unstemmed |
Rail and Subway Concessions in Rio de Janeiro |
| title_sort |
rail and subway concessions in rio de janeiro |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1999/04/440979/rail-subway-concessions-rio-de-janeiro http://hdl.handle.net/10986/11486 |
| _version_ |
1764416908494372864 |