Brazil’s road infrastructure to get part of US $ 1.36bn fund

Brazil’s road infrastructure is to be improved with a share of the Brazilian Bank for Economic and Social Development’s (BNDES) US $ 1.36 billion (BRL 2.76bn) investment fund for the states of Minas Gerais and Maranhao. The money will also be spent on socioeconomic projects in education, health, sanitation, and public safety.
October 15, 2012 Read time: 1 min
Brazil’s road infrastructure is to be improved with a share of the 6720 Brazilian Bank for Economic and Social Development’s (BNDES) US $ 1.36 billion (BRL 2.76bn) investment fund for the states of Minas Gerais and Maranhao.

The money will also be spent on socioeconomic projects in education, health, sanitation, and public safety.

For more information on companies in this article

Related Content

  • BNDES, BB and Caixa form investment fund to participate in Brazilian road tenders
    January 3, 2013
    The Brazilian Bank for Economic and Social Development (BNDES), Banco do Brasil (BB) and Caixa Economica Federal banks will form an investment fund to participate in future federal roadway tenders. The move, announced by the Brazilian government, aims to bring more companies into the bidding process by offering more diverse financial solutions. After a winner is declared, the concessionaire will decide whether or not the fund will participate in the concession. The fund may never have a share greater than 4
    Read More
  • US$2.1 billion for two Brazil road projects
    July 1, 2024
    A US$2.1 billion funding package will help pay for two Brazilian road projects.
    Read More
  • Investment for Brazil’s Sao Paulo ring road
    June 8, 2012
    A new loan has been approved that will help finance works on the northern stretch of the Sao Paulo ring road in Brazil. The US$1.15 billion loan is being provided by the Inter-American Development Bank (IADB). Approval for the IADB loan has come from Brazil’s Committee for Economic Affairs (CAE) at Brazil's Senate. The loan will finance construction of the Rodoanel Norte stretch of the ring road. This measures some 44km long and will connect with the west and east sections of the ring road as well as linkin
    Read More
  • Brazilian highway tender planned
    July 24, 2023
    A Brazilian highway tender is being planned.
    Read More

Highlighted Content