By Claire Rivé, Contributing Reporter
RIO DE JANEIRO, BRAZIL – Delays and design changes on the Transcarioca Highway connecting Galeão International Airport to Barra da Tijuca have led to the project running 46 percent over budget. The initial cost of the Transcarioca was estimated at R$1.3 billion, but after numerous delays, expenditure now stands at R$1.9 billion according to officials.
The inflated figure does not include an additional R$200 million spent on the expropriation of property required around the work site during construction between 2010 and 2013.
One of the main factors contributing to the . . .