Brazilian project attracts strong interest

Interest is strong in Brazil’s BR-101 highway project. The tender for the project will open on 18th January 2012. According to Brazil's Land Transport Agency (ANTT), at least six groups, most Brazilian, have shown interest in the project. The stretch to be put out to tender totals 476km, of which 458km is in Espirito Santo. The ANTT states that US$1.24 billion will be invested in the BR-101, with plans to widen the highway in stages. The concession period for the road totals 25 years and the highway will fe
April 30, 2012 Read time: 2 mins
RSSInterest is strong in Brazil’s BR-101 highway project. The tender for the project will open on 18th January 2012. According to Brazil's Land Transport Agency (5354 ANTT), at least six groups, most Brazilian, have shown interest in the project. The stretch to be put out to tender totals 476km, of which 458km is in Espirito Santo. The ANTT states that US$1.24 billion will be invested in the BR-101, with plans to widen the highway in stages. The concession period for the road totals 25 years and the highway will feature seven tolls. Also in Brazil, a $1.1 billion loan from the 2791 Inter-American Development Bank (IADB) will fund construction of the north section of the Mario Covas ring road around Sao Paulo city. The 44km stretch forms part of a 177km road, which is said to be one of the most important infrastructure projects ever built in Brazil. Construction work on the north section is due for completion by November 2014. Brazil's Federal government and the Sao Paulo state government will also provide $980 million and $890 million respectively for the project.

For more information on companies in this article

Related Content

  • Mexico has plans for massive infrastructure investment
    July 19, 2013
    Mexico’s Government has plans for a massive programme of infrastructure improvements across the country. In all some US$314 billion will be invested in infrastructure, of which $47 billion will be targeted at improving the country’s transportation network. Mexico’s national transport and communications ministry, SCT, will manage the projects which include works for highways and airports. The plans are expected to include a combination of private and public funding sources, although further details have yet
    Read More
  • Brazil road concessions ending
    January 8, 2019
    A number of major road concession agreements in Brazil are coming to the end of their terms by 2021. This includes eight concession packages for key routes, extending some 2,400km in all and generating over US$521 million/year in toll revenue. Tendering will have to be carried out for all of these routes, with two of the most prominent being the Nova Dutra highway linking Sao Paulo with Rio de Janeiro and the 218km Washington Luis highway in Sao Paulo State. At present CCR has the concession for the Nov
    Read More
  • Ukraine's pivotal plans
    February 16, 2012
    The authorities in the Ukraine are in discussions regarding financing for a major road project, as well as making plans for the country's first ever highway concession.
    Read More
  • A key expressway project is due in Nepal
    July 26, 2012
    The Nepalese Government plans to open a key expressway project to tender. The Ministry of Physical Planning works and Transport Management is inviting bidders to show their interest in the construction of the Kathmandu-Nijgadh-Pathlaiya Terai/Madesh Expressway project. This new road link is intended to be offered under a PPP/BOT model. The 76km expressway is expected to cost US$853 million to construct. A feasibility study has been carried out and the expressway will be designed to meet the Class – A Catego
    Read More

Highlighted Content