Brazil's highway development continues

Some US$843.6 million is being approved to help finance the road concession Concessionaria Auto Raposo Tavares (Cart) and Ecopistas by Brazil's national development bank BNDES.
March 1, 2012 Read time: 1 min
RSSSome US$843.6 million is being approved to help finance the road concession 3513 Concessionaria Auto Raposo Tavares (Cart) and 3511 Ecopistas by 3432 Brazilian National Development Bank BNDES. The amount will be split between Cart and Ecopistas in a split worth some $633.9 million and $214 million respectively. Cart has the concession for the Raposo Tavares highway and will use the funds to upgrade the link as set out in its contract. By February of 2015, Cart will invest $1.567 billion in the concession, of which 39.1% will be financed by BNDES.

Ecopistas, part of the Grupo 2688 Ecorodovias, holds the concessions for the Ayrton Senna and Carvalho Pinto highways in Sao Paulo.

Related Content

  • Brazilian project attracts strong interest
    April 30, 2012
    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
    Read More
  • Brazilian bridge being built
    March 23, 2015
    In Brazil the firm EcoRodovias has won the tender process for the Rio-Niteroi bridge contract. The Brazilian road management firm was awarded the tender for the Rio-Niteroi contract, with its proposed low charge for each user of the bridge. The company will take over management of the route from May 2015, for a period of 30 years. The tariff charged for light vehicles will immediately drop from the current US$1.61 (BRL 5.20) to $1.15 (BRL 3.70) when EcoRodovias takes over from CCR, which has the contract fo
    Read More
  • Brazil’s ANTT launches public consultation for NovaDutra extension
    March 18, 2016
    Brazil's national land transport agency ANTT has launched a public consultation concerning a proposed contract extension of 13 years for the NovaDutra highway concession held by CCR. The deal covers the Rodovia Presidente Dutra highway between Rio de Janeiro and Sao Paulo, according to a report by the Valor Economico newspaper. Consultations will run for 30 days until mid-April and include two sessions in Sao Paulo and Rio de Janeiro.
    Read More
  • Brazil in transport spend fast lane
    April 27, 2012
    The Brazilian Government has announced a US$17.01billion package for new mobility and public transport infrastructure. The huge investment includes the construction of 200km of underground and light tramway lines and more than 600km of new bus lanes. The programme of works, titled 'PAC Mobilidade Urbana Grandes Cidades', is set to benefit people in 51 cities and the metropolitan areas of 18 states.
    Read More

Highlighted Content