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

  • Deutsche Bank and Akbank among banks to fund Gebze-Izmir motorway
    March 19, 2015
    A final financing agreement for Turkey's 421km Gebze-Izmir motorway project will be signed by nine banks, eight of which will be Turkish, in April. The agreement will be for around US$4.73 billion of the deal likely to cost in total more than $6 billion and which is the country’s largest public-private partnership project. The banks are Deutsche Bank and Turkish banks Akbank, Garanti Bankasi, Finansbank, Is Bankasi, Halkbank, Ziraat Bankasi, Yapi Kredi and Vakfbank. Work has been going on since 2010 for the
    Read More
  • Key projects free up Auckland's congested motorway network
    June 14, 2012
    A number of key projects in Auckland, New Zealand will free-up the city’s congested motorway network - Mary Searle reports.Auckland is a sprawling city, home to 1.4 million people, one third of New Zealand’s total population. Until recently, greater Auckland comprised Auckland city, North Shore city over the harbour bridge to the north, Waitakere city to the west and Manukau city to the south. An amalgamation of these various cities’ councils, plus the regional council and three district councils into one,
    Read More
  • Bertin and Atlantia partner to manage Brazil road concessions
    March 19, 2012
    Brazilian group Bertin is forming a partnership with Italian company Atlantia to merge the management of road concessions they both own in Brazil.
    Read More
  • Loans secured to pay for Argentina road projects
    May 13, 2019
    Financing in the shape of loans will help fund six PPP road projects in Argentina. Loans worth US$200 million and are being supplied by IDB Invest, a division of the Inter-American Development Bank (IADB). In all syndicated loans worth $900 million have been amassed from a number of banks and funding institutions to help pay for the projects. However the road projects are expected to cost in the order of $6 billion in all.
    Read More

Highlighted Content