Investment for Brazil’s Sao Paulo ring road

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
June 8, 2012 Read time: 2 mins
Pic: Anthony Di Carlo
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 2791 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 linking with Guarulhos international airport and the BR-381 highway.

Meanwhile the authorities in the Brazilian state of Parana are working on plans to improve roads and related infrastructure. During the 2012-2013 financial year the state authorities will invest close to $617 million to improve roads and related infrastructure. The PERC state programme for road construction and maintenance has a budget of $415 million and is intended to improve road condition and boost safety. Around $202.4 million will be used to improve road surfaces, with $143 million being used for maintenance and recovery works, and $69.1 million going towards the maintenance of other road-related infrastructures. Meanwhile, Brazil's Road Department (DER) is providing $9.6 million to improve safety, including with road signs. There are also projects for bridge restoration work and road patrols. All of these improvements should help to attract new investments to the state of Parana.

For more information on companies in this article

Related Content

  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
    Read More
  • Brazilian project due
    February 9, 2012
    Work on the eastern section of Sao Paulo's Mario Covas orbital highway is being given the official go-ahead. Approval has been given by Sao Paulo's state environmental agency Consema for the 44.5km extension of the highway.
    Read More
  • Brazil’s Serra do Cafezal Highway
    July 29, 2015
    Brazil's improved Mercosur route will boost capacity and cut travel time - Mauro Nogarin writes. The Régis Bittencourt Highway is one of the main access routes of the Mercosur traffic. It has a length of 400km and connects the main cities of São Paulo and Curitiba, which allows for products to enter from the southeast toward the rest of the southern part of Brazil and later transit to Argentina, Paraguay and Uruguay. Products also flow into Brazil from Mercosur through this major highway. The cost of the hi
    Read More
  • Russia's massive road investment continues
    March 23, 2012
    Russia’s road building and upgrading programme is now gathering pace. Russia's Federal Highway Agency plans to bring over 85% of federal roads into conformity with road traffic regulations. The Federal Highway Agency has boosted construction of rural roads by establishing road funds and built over 500km in 2011.
    Read More

Highlighted Content