IBOV 173,871.39 ▼ 1.22% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,249,524 ▼ 1.27% COLCAP 2,268.93 ▼ 1.01% BVL PERÚ 57,112.22 — — USD/BRL5.10▲ 0.46% USD/MXN17.45▲ 0.34% USD/CLP927.20▲ 0.13% USD/COP3,204▼ 1.71% USD/PEN3.39▲ 0.24% USD/ARS1,474▼ 0.14% USD/UYU40.18▲ 1.21% USD/PYG6,030▲ 1.35% USD/BOB10.63▲ 3.73% USD/DOP58.14▼ 0.19% USD/CRC447.87▲ 1.07% USD/GTQ7.62▲ 2.25% USD/HNL26.73▲ 0.09% USD/NIO36.62▲ 0.34% USD/VES725.63▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.48▲ 0.31% USD/TTD6.75▲ 1.34% EUR/BRL5.84▲ 0.51% BRENT 85.11 ▲ 0.19% WTI 79.82 ▲ 0.28% IRON ORE 161.91 — — COPPER 6.37 ▲ 1.15% GOLD 4,009 ▼ 0.86% SILVER 56.52 ▼ 1.03% SOY 1,200 ▼ 0.23% CORN 465.75 ▲ 4.08% WHEAT 681.00 ▲ 0.52% COFFEE 313.80 ▼ 6.17% SUGAR 14.43 ▼ 2.83% ORANGE JUICE 136.60 ▼ 1.62% COTTON 79.83 ▼ 0.91% COCOA 5,539 ▼ 3.45% BEEF 223.45 ▼ 2.90% CATTLE 346.13 ▼ 1.09% LITHIUM 69.39 ▼ 2.35% PETR4 40.60 ▲ 0.02% VALE3 73.21 ▼ 1.74% ITUB4 42.80 ▼ 0.79% BBDC4 18.41 ▼ 1.02% ABEV3 15.57 — 0.00% BBAS3 20.63 ▲ 0.39% B3SA3 15.45 ▼ 1.53% WEGE3 43.94 ▼ 0.72% PRIO3 57.62 ▲ 0.21% SUZB3 41.74 ▲ 0.63% RENT3 39.61 ▼ 1.83% AZZA3 18.54 ▼ 0.64% CSAN3 3.89 ▼ 1.02% RAIZ4 0.30 ▲ 3.45% PCAR3 2.65 ▲ 1.15% GMAT3 3.92 ▼ 1.51% PSSA3 54.80 ▼ 0.76% CVCB3 1.36 ▲ 1.49% POSI3 3.87 ▼ 2.03% SLCE3 13.58 ▲ 0.59% NATU3 8.63 ▼ 0.46% BRKM5 6.21 ▼ 3.12% RANI3 8.01 ▲ 0.38% CSNA3 5.17 ▼ 1.34% CMIN3 5.47 ▲ 4.39% USIM5 8.19 ▼ 0.12% GGBR4 24.28 ▲ 0.33% ENEV3 26.33 ▼ 2.30% CPFE3 46.62 ▼ 0.45% CMIG4 11.00 ▼ 1.35% EQTL3 39.80 ▼ 1.31% LREN3 13.85 ▼ 1.77% VIVT3 35.36 ▼ 0.31% RAIL3 13.93 ▼ 1.00% KLABIN 17.46 ▲ 0.40% RAIA DROGASIL 18.66 ▼ 0.05% RDOR3 35.70 ▼ 0.86% HAPV3 10.88 ▼ 1.00% FLRY3 16.34 ▼ 1.03% SMTO3 15.54 ▲ 0.06% UGPA3 31.70 ▲ 1.93% VBBR3 34.38 ▲ 1.87% BBSE3 41.13 ▲ 1.03% BPAC11 56.76 ▼ 0.49% CURY3 32.14 ▼ 1.80% AERI3 2.02 — 0.00% VIVARA 23.40 ▼ 0.51% COMPASS 24.96 ▼ 0.60% VAMOS 3.15 ▲ 0.96% SANB11 26.78 ▼ 0.81% ASAI3 8.60 ▼ 0.69% SBSP3 29.63 ▼ 1.17% WALMEX 49.70 — 0.00% GMEXICO 201.21 ▲ 0.50% FEMSA 225.98 ▲ 1.38% CEMEX 22.91 ▲ 1.28% GFNORTE 181.47 ▼ 1.08% BIMBO 59.07 ▲ 2.69% TELEVISA 9.57 ▲ 0.10% AMX 22.82 ▲ 0.09% GAP 395.07 ▼ 0.50% ASUR 282.61 ▼ 0.30% OMA 236.82 ▲ 0.69% KOF 180.29 ▲ 1.88% GRUMA 284.89 ▲ 1.26% KIMBER 38.75 ▲ 0.23% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,900 ▲ 0.45% GGAL 8,055 ▼ 1.83% PAMPA 5,160 ▼ 1.53% TXAR 666.00 ▼ 0.75% ALUAR 950.50 ▼ 0.94% TGS 9,555 ▼ 2.00% CEPU 2,310 ▼ 1.45% MIRGOR 16,600 ▼ 2.21% COME 45.29 ▼ 0.75% LOMA NEGRA 3,598 ▼ 0.42% BYMA 302.00 ▼ 0.66% TELECOM ARG 4,255 ▼ 1.39% ECOPETROL 15.74 ▼ 1.51% BANCOLOMBIA 80.33 ▼ 1.50% GRUPO AVAL 5.02 ▼ 0.20% CREDICORP 395.45 ▼ 0.69% SOUTHERN COPPER 179.44 ▼ 1.16% BUENAVENTURA 30.11 ▼ 1.95% MERCADOLIBRE 1,865 ▲ 1.18% NUBANK 13.91 ▲ 0.22% XP 16.71 ▼ 0.98% PAGSEGURO 9.24 ▲ 0.27% STONE 11.27 ▼ 0.09% GLOBANT 32.02 ▲ 0.13% TECNOGLASS 46.72 ▲ 2.30% GAP AIRPORT 226.67 ▼ 0.50% ASUR 282.61 ▼ 0.30% OMA AIRPORT 108.37 ▲ 0.44% AMX ADR 26.15 ▲ 0.15% FEMSA ADR 129.60 ▲ 0.64% CEMEX ADR 13.13 ▲ 0.42% PETROBRAS ADR 17.70 ▼ 0.92% VALE ADR 14.29 ▼ 2.59% ITAU ADR 8.37 ▼ 0.96% SANTANDER BR 5.28 ▼ 1.31% AMBEV ADR 3.04 ▲ 0.17% CSN 1.02 ▼ 0.97% GERDAU 4.79 ▼ 0.31% LATAM ADR 54.40 ▼ 0.86% BTC 64,514 ▼ 0.31% ETH 1,881 ▼ 1.90% SOL 76.41 ▼ 1.11% XRP 1.11 ▼ 0.15% BNB 579.20 ▼ 0.16% ADA 0.16 ▼ 0.73% DOGE 0.07 ▼ 0.71% AVAX 6.62 ▼ 1.14% LINK 8.42 ▼ 1.38% DOT 0.85 ▲ 0.30% LTC 44.86 ▼ 0.58% BCH 222.60 ▼ 0.25% TRX 0.32 ▼ 0.37% XLM 0.19 ▲ 0.64% HBAR 0.07 ▼ 0.57% NEAR 2.07 ▲ 0.05% ATOM 1.53 ▼ 1.58% AAVE 92.71 ▼ 3.26% SELIC 14.25% EMBRAER 82.70 ▲ 0.43% EMBRAER ADR 64.89 ▼ 0.02% JBS 12.13 ▲ 0.27% JBS BDR 61.80 ▲ 0.60% MBRF3 15.24 ▼ 1.04% MBRFY 2.95 ▲ 2.79% INTER 5.49 ▼ 2.31% EGX 52,928 ▲ 0.70% USD/ZAR16.43▲ 0.60% USD/NGN1,378▼ 0.12% NIKKEI 66,836 ▼ 2.79% CSI300 4,698 ▼ 1.85% HSI 25,009 ▲ 1.33% NIFTY 24,073 ▼ 0.02% KOSPI 6,821 ▼ 6.37% JCI 6,108 ▲ 1.10% USD/JPY162.43▲ 0.15% USD/CNY6.77▲ 0.05% DAX 24,810 ▼ 0.76% CAC 8,335 ▼ 0.57% FTSE 10,506 ▼ 0.10% MIB 52,118 ▼ 0.56% IBEX 19,191 ▼ 0.44% STOXX 641.37 ▼ 0.21% EUR/USD1.14▼ 0.17% GBP/USD1.35▲ 0.71% SPX 7,570 ▼ 0.03% DJI 52,740 ▲ 0.15% NDX 29,288 ▼ 0.73% RUT 2,996 ▲ 0.66% TSX 35,329 ▼ 0.25% VIX 15.97 ▲ 1.91% USD/CAD1.40▼ 0.09% US10Y 4.5800 ▲ 0.77% IBOV 173,871.39 ▼ 1.22% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,249,524 ▼ 1.27% COLCAP 2,268.93 ▼ 1.01% BVL PERÚ 57,112.22 — — USD/BRL 5.10 ▲ 0.46% USD/MXN 17.45 ▲ 0.34% USD/CLP 927.20 ▲ 0.13% USD/COP 3,204 ▼ 1.71% USD/PEN 3.39 ▲ 0.24% USD/ARS 1,474 ▼ 0.14% USD/UYU 40.18 ▲ 1.21% USD/PYG 6,030 ▲ 1.35% USD/BOB 10.63 ▲ 3.73% USD/DOP 58.14 ▼ 0.19% USD/CRC 447.87 ▲ 1.07% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.73 ▲ 0.09% USD/NIO 36.62 ▲ 0.34% USD/VES 725.63 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.48 ▲ 0.31% USD/TTD 6.75 ▲ 1.34% EUR/BRL 5.84 ▲ 0.51% BRENT 85.11 ▲ 0.19% WTI 79.82 ▲ 0.28% IRON ORE 161.91 — — COPPER 6.37 ▲ 1.15% GOLD 4,009 ▼ 0.86% SILVER 56.52 ▼ 1.03% SOY 1,200 ▼ 0.23% CORN 465.75 ▲ 4.08% WHEAT 681.00 ▲ 0.52% COFFEE 313.80 ▼ 6.17% SUGAR 14.43 ▼ 2.83% ORANGE JUICE 136.60 ▼ 1.62% COTTON 79.83 ▼ 0.91% COCOA 5,539 ▼ 3.45% BEEF 223.45 ▼ 2.90% CATTLE 346.13 ▼ 1.09% LITHIUM 69.39 ▼ 2.35% PETR4 40.60 ▲ 0.02% VALE3 73.21 ▼ 1.74% ITUB4 42.80 ▼ 0.79% BBDC4 18.41 ▼ 1.02% ABEV3 15.57 — 0.00% BBAS3 20.63 ▲ 0.39% B3SA3 15.45 ▼ 1.53% WEGE3 43.94 ▼ 0.72% PRIO3 57.62 ▲ 0.21% SUZB3 41.74 ▲ 0.63% RENT3 39.61 ▼ 1.83% AZZA3 18.54 ▼ 0.64% CSAN3 3.89 ▼ 1.02% RAIZ4 0.30 ▲ 3.45% PCAR3 2.65 ▲ 1.15% GMAT3 3.92 ▼ 1.51% PSSA3 54.80 ▼ 0.76% CVCB3 1.36 ▲ 1.49% POSI3 3.87 ▼ 2.03% SLCE3 13.58 ▲ 0.59% NATU3 8.63 ▼ 0.46% BRKM5 6.21 ▼ 3.12% RANI3 8.01 ▲ 0.38% CSNA3 5.17 ▼ 1.34% CMIN3 5.47 ▲ 4.39% USIM5 8.19 ▼ 0.12% GGBR4 24.28 ▲ 0.33% ENEV3 26.33 ▼ 2.30% CPFE3 46.62 ▼ 0.45% CMIG4 11.00 ▼ 1.35% EQTL3 39.80 ▼ 1.31% LREN3 13.85 ▼ 1.77% VIVT3 35.36 ▼ 0.31% RAIL3 13.93 ▼ 1.00% KLABIN 17.46 ▲ 0.40% RAIA DROGASIL 18.66 ▼ 0.05% RDOR3 35.70 ▼ 0.86% HAPV3 10.88 ▼ 1.00% FLRY3 16.34 ▼ 1.03% SMTO3 15.54 ▲ 0.06% UGPA3 31.70 ▲ 1.93% VBBR3 34.38 ▲ 1.87% BBSE3 41.13 ▲ 1.03% BPAC11 56.76 ▼ 0.49% CURY3 32.14 ▼ 1.80% AERI3 2.02 — 0.00% VIVARA 23.40 ▼ 0.51% COMPASS 24.96 ▼ 0.60% VAMOS 3.15 ▲ 0.96% SANB11 26.78 ▼ 0.81% ASAI3 8.60 ▼ 0.69% SBSP3 29.63 ▼ 1.17% WALMEX 49.70 — 0.00% GMEXICO 201.21 ▲ 0.50% FEMSA 225.98 ▲ 1.38% CEMEX 22.91 ▲ 1.28% GFNORTE 181.47 ▼ 1.08% BIMBO 59.07 ▲ 2.69% TELEVISA 9.57 ▲ 0.10% AMX 22.82 ▲ 0.09% GAP 395.07 ▼ 0.50% ASUR 282.61 ▼ 0.30% OMA 236.82 ▲ 0.69% KOF 180.29 ▲ 1.88% GRUMA 284.89 ▲ 1.26% KIMBER 38.75 ▲ 0.23% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,900 ▲ 0.45% GGAL 8,055 ▼ 1.83% PAMPA 5,160 ▼ 1.53% TXAR 666.00 ▼ 0.75% ALUAR 950.50 ▼ 0.94% TGS 9,555 ▼ 2.00% CEPU 2,310 ▼ 1.45% MIRGOR 16,600 ▼ 2.21% COME 45.29 ▼ 0.75% LOMA NEGRA 3,598 ▼ 0.42% BYMA 302.00 ▼ 0.66% TELECOM ARG 4,255 ▼ 1.39% ECOPETROL 15.74 ▼ 1.51% BANCOLOMBIA 80.33 ▼ 1.50% GRUPO AVAL 5.02 ▼ 0.20% CREDICORP 395.45 ▼ 0.69% SOUTHERN COPPER 179.44 ▼ 1.16% BUENAVENTURA 30.11 ▼ 1.95% MERCADOLIBRE 1,865 ▲ 1.18% NUBANK 13.91 ▲ 0.22% XP 16.71 ▼ 0.98% PAGSEGURO 9.24 ▲ 0.27% STONE 11.27 ▼ 0.09% GLOBANT 32.02 ▲ 0.13% TECNOGLASS 46.72 ▲ 2.30% GAP AIRPORT 226.67 ▼ 0.50% ASUR 282.61 ▼ 0.30% OMA AIRPORT 108.37 ▲ 0.44% AMX ADR 26.15 ▲ 0.15% FEMSA ADR 129.60 ▲ 0.64% CEMEX ADR 13.13 ▲ 0.42% PETROBRAS ADR 17.70 ▼ 0.92% VALE ADR 14.29 ▼ 2.59% ITAU ADR 8.37 ▼ 0.96% SANTANDER BR 5.28 ▼ 1.31% AMBEV ADR 3.04 ▲ 0.17% CSN 1.02 ▼ 0.97% GERDAU 4.79 ▼ 0.31% LATAM ADR 54.40 ▼ 0.86% BTC 64,514 ▼ 0.31% ETH 1,881 ▼ 1.90% SOL 76.41 ▼ 1.11% XRP 1.11 ▼ 0.15% BNB 579.20 ▼ 0.16% ADA 0.16 ▼ 0.73% DOGE 0.07 ▼ 0.71% AVAX 6.62 ▼ 1.14% LINK 8.42 ▼ 1.38% DOT 0.85 ▲ 0.30% LTC 44.86 ▼ 0.58% BCH 222.60 ▼ 0.25% TRX 0.32 ▼ 0.37% XLM 0.19 ▲ 0.64% HBAR 0.07 ▼ 0.57% NEAR 2.07 ▲ 0.05% ATOM 1.53 ▼ 1.58% AAVE 92.71 ▼ 3.26% SELIC 14.25% EMBRAER 82.70 ▲ 0.43% EMBRAER ADR 64.89 ▼ 0.02% JBS 12.13 ▲ 0.27% JBS BDR 61.80 ▲ 0.60% MBRF3 15.24 ▼ 1.04% MBRFY 2.95 ▲ 2.79% INTER 5.49 ▼ 2.31% EGX 52,928 ▲ 0.70% USD/ZAR 16.41 ▲ 0.78% USD/NGN 1,378 ▼ 0.11% NIKKEI 66,836 ▼ 2.79% CSI300 4,698 ▼ 1.85% HSI 25,009 ▲ 1.33% NIFTY 24,073 ▼ 0.02% KOSPI 6,821 ▼ 6.37% JCI 6,108 ▲ 1.10% USD/JPY 162.39 ▲ 0.16% USD/CNY 6.7610 ▲ 0.05% DAX 24,810 ▼ 0.76% CAC 8,335 ▼ 0.57% FTSE 10,506 ▼ 0.10% MIB 52,118 ▼ 0.56% IBEX 19,191 ▼ 0.44% STOXX 641.37 ▼ 0.21% EUR/USD 1.1453 ▼ 0.13% GBP/USD 1.3509 ▼ 0.21% SPX 7,570 ▼ 0.03% DJI 52,740 ▲ 0.15% NDX 29,288 ▼ 0.73% RUT 2,996 ▲ 0.66% TSX 35,329 ▼ 0.25% VIX 15.97 ▲ 1.91% USD/CAD 1.4021 ▼ 0.11% US10Y 4.5800 ▲ 0.77%
since 2009
Thursday, July 16, 2026

Life & Society Real Estate

More Funding is Needed for the Construction of Rio’s Metro Line 4

By · December 22, 2015 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

By Georgia Grimond, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – The new stretch of metro line, Linha 4, that is being constructed to link Zona Sul (South Zone) with Barra da Tijuca in the Zona Oeste (West Zone) may not be ready in time for the 2016 Rio Olympics unless R$1 billion is given by the federal government for the project.

Brazil, Brazil News, Rio de Janeiro, Rio, Linha 4 Metro, Metro Extension, Zona Sul, South Zone, West Zone, Barra da Tijuca, São Conrado
The German Tunnel Boring Machine (TBM), known as the “Tatuzão”, which has been used in the construction of the tunnel of the new Metro Line 4, photo courtesy of Linha 4.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Carlos Roberto Osório, Rio’s transport secretary, said R$445 million in funding from the BNDES national development bank had already been approved by the treasury and was due to be released his month.

He requested a further R$500 million in order to complete the non-Olympic sections of the works (Gávea station) and the connection between lines 1 and 4.

“Obviously we want to finish the work as a whole. Therefore, the governor has signaled the need for R$1 billion,” said Osório.

The opening of the new metro line is now scheduled for July 1st 2016, in time for the beginning of the Olympic Games in the city on August 5th. Osório was optimistic that the funding would be supplied but emphasized that without it the opening date may not be met.

“We are awaiting the arrival of President Dilma Rousseff in Rio to discuss the release of funds for completion of construction of Metro Line 4. About R$500 million have been requested from the BNDES to complete it in time the Olympics,” state governor Luiz Fernando Pezão said last week.

Brazil, Brazil News, Rio de Janeiro, Rio, Linha 4 Metro, Metro Extension, Zona Sul, South Zone, West Zone, Barra da Tijuca, São Conrado
The new station at São Conrado will be the second largest on the new metro line, photo courtesy of Linha 4.

Six new stations are being constructed as part of the Linha 4 works – Nossa Senhora da Paz, Jardim de Alah, Antero de Quental, Gávea, São Conrado and Jardim Oceânico – linking for the first time Zona Sul with Barra da Tijuca where the main Olympic Park will be.

The new metro line will carry more that 300,000 people today, freeing the roads of close to 2,000 vehicles per hour at peak times. A journey from Barra to Ipanema will take thirteen minutes and thirty four minutes to Centro.

However passengers who pick up the line on the new extension will have to change trains at General Osório in Ipanema in order to continue their journey to Centro as the connection will not have been completed by July next year. After a testing phase, passengers should be able to make the journey continuously from the beginning of 2017.

The two officials visited a section of the new track last, Tuesday, December 15th. They travelled between São Conrado and Barra da Tijuca. Works are 83 percent complete, with only seven hundred meters of excavation remaining to be done. Sao Conrado station, the second largest on the line, is in the final stage of completion.

During the excavation of rock on the stretch between Barra da Tijuca and Leblon, 3,865 tons of explosives have been used, the equivalent to the fireworks needed for 161 New Year’s Eve celebrations in Copacabana. Close to 256,000 m3 of concrete were also used in the tunnel, the same amount as would have been used to build 3.2 Maracanã stadiums in 1950.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.