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

  • Papua New Guinea is set for extensive road bridge work upgrades
    January 21, 2015
    Papua New Guinea is set to start road and bridge upgrades that could cost upwards of US$576 million. Work on bridges will be paid partly through agreements with the Australian Department of Foreign Affairs, amounting to around US$53 million, and the Asian Development Bank which is putting in nearly $32 million. The Australian Department of Foreign Affairs has also earmarked $101 million to upgrade of arterial roads to standard concrete in the port city of Lae, the capital of Morobe Province. Lae, the
    Read More
  • Egis expands in Brazil with acquisition of Lenc
    November 28, 2014
    French engineering firm Egis has expanded further into the Brazilian infrastructure market with the purchase of highways contractor Lenc for an undisclosed sum. A statement from Egis said the acquisition is part of a strategy to expand aggressively in Brazil that it has been focusing on since 2011. Lenc, established in Sao Paulo in 1975, has 450 employees whose road building work ranges from preliminary studies and project management to work supervision and inspection. It also operates nearly 2,500km
    Read More
  • The IRF gives safety award to the Spanish Road Association and the Inter-American Development Bank
    January 21, 2013
    A joint international road safety award has been presented to the Spanish Road Association and the Inter-American Development Bank. The IRF International Award on Road Safety was given for the Road Safety Strategy in Latin America and Caribbean (Diagnosis, Toolkit and Pilot Tests) project, which developed by the Inter-American Development Bank (IDB) with the technical support of the Spanish Road Association (SRA). This forms part of the IRF Global Road Achievement Award (GRAA) 2012 and is one of the most im
    Read More
  • Egis buys Projacs to boost its Middle East presence
    August 5, 2015
    French engineering group Egis has acquired 51% of Projacs, a major project and construction management firm in the Middle East. Egis, based in Guyancourt, north of Paris, made the purchase for an undisclosed sum. The move follows the purchase in Brazil of highways contractor Lenc at the end of last year. Projacs, founded in 1984, is based in the Gulf Cooperation Council countries of Saudi Arabia, Bahrain, Oman, Qatar, United Arab Emirates and Kuwait, but also operates in neighbouring countries. It
    Read More

Highlighted Content