Motiva (MOTV3) announced on Friday (26) an extension of the 4-Amarela Line of the Metro to Taboão da Serra, with investments totaling R $ 3.898 billion.
R$ 2,982 billion will be provided by the state, with funding being discussed with the World Bank.
The project includes 3.3 kilometers of extra railway tracks, two new stations named Jockey’s Cup and Taboão da Serra, six trains, and an energy substation.
The signaling system will receive an additional component that will be signed later.
Motiva emphasized that the project demonstrates the company’s dedication to enhancing transportation in the metropolitan area, underscoring the importance of collaborating with the state government for such large-scale projects.
The agreement acknowledges an economic and financial imbalance of R$ 531.7 million due to lower tariff revenues resulting from delays in completing Phase II of the concession.
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