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HyperloopTT project foresees US$385 million in savings and 10,000 jobs in southern Brazil

RIO DE JANEIRO, BRAZIL - HyperloopTT has completed the first feasibility study for its ultrafast capsule transportation system, which aims to connect Porto Alegre to the Serra Gaúcha (Gaucho Highlands) mountain range in less than 20 minutes.

The project in partnership with the Rio Grande do Sul State Government and UFRGS (Federal University of Rio Grande do Sul) foresees R$2 billion (US$385 million) in savings in the South of Brazil, in addition to the opening of 10,000 jobs annually in the region.

According to information from . . .

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