S\u00e3o Paulo \u2013 Mubadala, an investment fund from the United Arab Emirates, now has the corporate control of the Concession\u00e1ria Metrovi\u00e1ria do Rio de Janeiro SA, Metr\u00f4Rio, concession holder of the Rio de Janeiro city\u2019s subway system. The information was released in the Official Gazette of the State of Rio de Janeiro this week. The order was signed by the governor of the state of Rio de Janeiro, Cl\u00e1udio Castro.<\/p>\n
To ANBA, the state government confirmed the change but did not provide further details. Metr\u00f4Rio\u2019s press office said that the company would not comment on the issue.<\/p>\n
The control of Rio\u2019s subway system was previously held by Investimentos e Participa\u00e7\u00f5es em Infraestrutura SA (Invepar), a group that operates in the airport, urban mobility, and highway segments. Invepar is the majority shareholder of GRU Airport, which controls the S\u00e3o Paulo International Airport in Guarulhos, the largest in South America in passenger numbers.<\/p>\n
The news was released first hand by Ancelmo Gois, columnist of the O Globo newspaper. In his text, the journalist stated that the transaction had already been defined since, in September, the Arab fund collaborated in restructuring Invepar, which was in debt. According to Gois, with this, it was decided that Invepar would renounce the concession of the subway system and the Yellow Line, a highway inside the city of Rio de Janeiro.<\/p>\n