Brazil has approved construction of a light-rail transit (LRT) system in the Mato Grosso state capital Cuiabá.
This LRT will replace a bus rapid transit (BRT) system that had been planned under the country's urban mobility plan to prepare Cuiabá for hosting the 2014 World Cup.
The LRT is expected to cost nearly BRL1.1 billion.
However, in order to obtain preferential funding from the Brazilan pension fund Fundo de Garantia do Tempo de Serviço (FTGS) under the country's growth acceleration plan (PAC), construction of the LRT will have to be completed before the World Cup 2014.
Compared to the BRT system, the LRT is expected to provide more space for construction of bicycle paths and green areas.
(I BRL [Brazilian Real] = 0.62 USD)