Latin American Economy & Business - August 2013 (ISSN 1741-7430)

It is one of Latin America’s biggest technology and civil engineering contracts, valued at just under US$17bn. It could transform passenger travel in Brazil’s densely populated Campinas – São Paulo – Rio de Janeiro urban area. But Latin America’s first bullet train project isn’t moving just yet: on 12 August the deadline for presenting bids was postponed for at least a year. Some now think it may not happen at all.