Brazil road auctions set for this quarter

Sao Paulo state is due to auction the Sorocabana, the first concession, by the end of the month.
By David Arminas October 14, 2024 Read time: 1 min
Bidding in Brazil (image © Anouska Kay/Dreamstime)

At least seven road concessions are set to be auctioned in Brazil in before the end of this year, according to the newspaper Valor Economico.

Sao Paulo state is due to auction the Sorocabana, the first concession, on October 30 and involve US$1.74 billion investment. It will be followed by Rota do Zebu on October 31 with investment of around $870 million.

Nova Raposo with investments of $320 million will follow on November 28.

Mato Grosso do Sul and the federal government will auction Rota da Celulose for around $1.74 billion on December 5.

Rota Verde with investments of $720 million and the third batch of Rodovias do Parana with investments of $2 billion will be auctioned on December 12.

Finally, on December 19, the sixth batch of Estradas do Parana will be auctioned, with investments of $2.34 billion.

Finance & Funding

Related Content

  • Auction firm Ritchie Bros has set a record for equipment sales
    December 21, 2012
    Ritchie Bros sold around US$3.9 billion of equipment at 328 unreserved equipment auctions around the world in 2012. This represents a 5% increase in gross auction proceeds over 2011 and the highest gross auction proceeds in the company’s history. The firm achieved gross auction proceeds of $1 billion in the fourth quarter of 2012 alone, highlighting the strong industry demand for used machines. Ritchie Bros says that it also attracted record online bidder registrations and sold approximately $1.3 billion of
    Read More
  • Odebrecht wins Brazilian highway concession
    November 29, 2013
    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.
    Read More
  • Moscow to turn from implementation of Fourth Ring Road project
    January 5, 2016
    The Moscow City Government plans to complete building of the North-East and North-West Chords, two of the biggest road building projects in the city for the last 15 years The links will be completed during the next several months, according to an official spokesman of the Moscow Government. Both roads are considered as a cheaper alternative to the Fourth Ring Road, the construction of which was considered by the Moscow Government several years ago. However due to huge costs, which are estimated at mo
    Read More
  • JCB’s diamond deal for 1,000 backhoes
    April 12, 2013
    JCB has won a massive order for over 1,000 of its backhoe loaders in a deal which is designed to transform the rural economy of Brazil. Brazil's Ministry of Agrarian Development has signed a tender for the JCB 3C backhoes worth more than £40 million (US$60 million), as the company marks 60 years of backhoe loader production. The machines will be delivered throughout 2013 and put straight to work improving rural roads to ensure food produced for sale gets to market much quicker. The machines will be man
    Read More

Highlighted Content