Brazil provides $4.8 bln to World Cup

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Brazilian government will provide 4.8 billion U.S. dollars to finance infrastructure in the host cities of 2014 World Cup, according to a government statement published on Thursday in the Official Gazette.

The money will be used to facilitate access to stadiums, airports and ports.

Among the projects approved are the light rail vehicles (LRVs) from Brasilia to Fortaleza, the monorails in Sao Paulo and Manaus, 20 bus rapid transit systems (BRT) and 10 express bus corridors.

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