The World Bank will lend
to foster economic growth and job creation, as well as improve infrastructure services in Brazil's Rio Grande city. The sum is the fifth loan for the state's municipal development program, which has so far secured $66 million from the bank. The project aims to strengthen municipal governance, generate employment opportunities and enhance territorial infrastructure. The Washington-based lender will also provide a further
to support a mass transit project in Rio de Janeiro. The project will improve the state's suburban rail transport by purchasing 30 trains and strengthening the capacity of the office of the state secretary of transport.