Skip to main content

CAF grants US$200mn for works on São Paulo roads

The Latin American Development Bank (CAF) has granted a loan of US$ 200 million for the modernisation and upgrading of roads in São Paulo, Brazil. The works will include 11 roads covering 316km through 27 municipalities of the state of São Paulo. Of those eleven projects, nine have international concessions.
December 7, 2012 Read time: 1 min
The 5516 Development Bank of Latin America (CAF) has granted a loan of US$ 200 million for the modernisation and upgrading of roads in São Paulo, Brazil. The works will include 11 roads covering 316km through 27 municipalities of the state of São Paulo. Of those eleven projects, nine have international concessions.

For more information on companies in this article

Related Content

  • New investment in Brazil for Volvo CE
    December 5, 2012
    Increased demand in Latin America for Volvo CE’s SDLG range of machines has prompted the firm to invest in new manufacturing capability. A new manufacturing facility will be constructed in Brazil that will focus on building the SDLG brand of excavators. Called SDLG America Latina, this operation will be the focus of a US$10 million investment in a manufacturing facility at Pederneiras, São Paulo State. The new factory will be alongside Volvo CE’s existing manufacturing complex in Pederneiras, but will be se
  • IRF Connects Roads to Development in Latin America
    November 20, 2014
    Connecting roads to development at 4th IRF Latin America Regional Congress Senior representatives from the World Bank, the Development Bank of Latin America and Odebrecht Latinvest joined IRF for the opening of the 4th IRF Latin America Regional Congress in Lima by Peruvian minister of transport & communications, José Gallardo Ku.
  • Jasa Marga picks up a loan for the Medan-Kualanamu project
    April 27, 2015
    In Indonesia, state-controlled toll road operator Jasa Marga has secured a loan worth nearly US$124 million to finance its Medan-Kualanamu-Tebing Tinggi (MKTT) toll road project. The loan is secured from a consortium of banks that include Bank BRI, Bank Mandiri and Bank BNI. The total cost of the project is around $315 million. The tender process of the project is being conducted and the winning bidder will be revealed in May. Jasa Marga operates and manages 13 toll road concessions directly and nin
  • JCB’s diamond deal for 1,000 backhoes
    April 12, 2013
    JCB has won a massive order for over 1,000 of its backhoe loaders in a deal which is designed to transform the rural economy of Brazil. Brazil's Ministry of Agrarian Development has signed a tender for the JCB 3C backhoes worth more than £40 million (US$60 million), as the company marks 60 years of backhoe loader production. The machines will be delivered throughout 2013 and put straight to work improving rural roads to ensure food produced for sale gets to market much quicker. The machines will be man