Skip to main content

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

  • CNH is investing in a new construction equipment factory in Brazil
    January 6, 2017
    CNH is planning to build a new factory at Minais Gerais in Brazil in an investment worth some US$341.4 million (R$600 million). The factory will be located in Montes Claros, in the northern part of Minas Gerais.
  • CNH is investing in a new construction equipment factory in Brazil
    March 7, 2012
    CNH is planning to build a new factory at Minais Gerais in Brazil in an investment worth some US$341.4 million (R$600 million). The factory will be located in Montes Claros, in the northern part of Minas Gerais.
  • Brazilian road spend dips slightly for 2015
    July 9, 2015
    Brazil will spend at least US$1.63 billion in privately operated federal road infrastructure projects in 2015. This is down slightly, from $1.82 billion spent in 2014, according to estimates by the land transport agency NTT. Work this year includes a stretch of the BR-050 motorway operated by MGO, which already has seen around $104 million. Road operator Concer, which administers sections of the BR-060, BR-153 and BR-262, invested nearly $88 million between 2014 and the first quarter of 2015. Arter
  • US$380.88mn cost of Norberto Odebrecht’s Guatemala road project
    December 20, 2012
    Works to widen a section of the CA-2 Occidente motorway in Guatemala will cost US$380.88 million (GTQ 3bn). The project, awarded to Brazilian construction firm Norberto Odebrecht, will see the key route widened to four lanes between Cocales and the border with Mexico. Brazil's BNDES bank and the Central American Bank for Economic Integration (CABEI) are financing the works, which is due to begin in February 2013.