World Bank and Sao Paulo Join Forces for More Modern, Healthier Urban Transport
Brazil, May 15 -- The World Bank has approved a new financing package to support the electrification and modernization of Sao Paulo's urban transport system, in partnership with the city government. This initiative marks a major milestone in the city's journey toward a greener, more resilient, and inclusive future.This project will directly benefit 114,000 public transport users and 2.92 million residents along the electrified corridors, providing cleaner, quieter, and more accessible transit options. It's also expected to stimulate local e-bus manufacturing, driving job creation and innovation.Sao Paulo, the largest city in Latin America, faces major mobility challenges including rising emissions, traffic congestion, and growing inequality...
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