Finance & Funding

A major Brazilian highway concession package has been awarded to Triunfo Participações e Investimentos (TPI). The US$3.02 billion tender is for a multiple federal highway concession package for the BR-060, BR-153 and BR-262, according to a report from Business News Americas. This deal covers some 1,177km of highway stretches, including the installation of 11 tollbooths and widening 648km of roads within a five year period. The sections of highway involved in the deal are in Brazil’s Federal District as well

A series of road improvements and investments will improve connections in Uganda, Tanzania and Ethiopia. The World Bank is offered the Ugandan Government a loan of US$400 million to rebuild roads in Kamdini and Tororo-Soroti-Lira. This funding will allow contractors to carry out road maintenance on the roads for 7-10 years, with work scheduled to start in 18 months. Meanwhile a deal worth $335.76 million has signed by the Tanzanian Government for the second phase of the Road Sector Support Project (RSSP-II

The Colombian authorities have plans in hand for a US$240 million highway upgrade project. In all, 10 groups have been pre-selected for the tender process for the work, according to a report by Business News Americas. The project is for upgrades and improvements to a 173km stretch of the Puerta de Hierro-Cruz del Viso highway. This work includes improvements to access roads in the area, which lies in Colombia’s northern Sucre, Bolívar and Atlántico departments. The country’s infrastructure agency, ANI, has

The UK Government has released its National Infrastructure Plan 2013 (NIP2013) at an event held in London at the Institution of Civil Engineers (CIHT). The National Infrastructure Plan 2013 sets out the UK Government’s vision and strategic objectives for infrastructure by assessing the needs, now and in the future, setting out a policy approach, identifying priority projects and providing a plan for delivery. The scheme will fund improvements to the A50 around Uttoxeter starting no later than 2015 to 2016,

Work on a key stretch of Colombia’s Ruta del Sol highway project is behind schedule, with the route now unlikely to open to traffic before 2017. The 21.6km section of the highway facing these delays will link Villeta and Guaduas in Cundinamarca. A key challenge is technical as the US engineering firm Gall Zeidler Consultants has warned Colombia’s infrastructure agency (ANI) that this section of the route is geologically unstable. The proposed route could be at risk from slippage and will need to be stabilis

A loan worth US$400 million will help fund construction of a new highway in Kyrgyzstan. The Eximbank of China is providing the loan to the Kyrgyzstan Government of Kyrgyzstan for a 20 year period, with a grace period of 11 years at an interest rate of 2%. The project is for the construction of the new North - South route. The project includes a 1.7km tunnel, which is expected to cost some $150 million.

Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.

Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.

The Central American Bank for Economic Integration (CABEI) is providing a US$400 million loan to Guatemala for rural road construction. This follows on from a $200 million loan being provided to Guatemala by the World Bank and a $237 million loan from the IADB. The Guatemalan Government is also working on upgrading CA9 Norte highway to make it reach Mayuelas completing an 89km extension at a cost of $240 million. The authorities also have plans to replace 60-70 bridges with new structures.