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

  • M&T sees deals worth $666mn
    August 24, 2012
    Equipment deals worth some R$1.2 billion (US$666 million) were concluded during the recent M&T Expo 2012 in São Paulo, Brazil. The 8th International Trade Fair of Construction Equipment and 6th International Trade Fair of Mining Equipment, was the largest to date and was a showcase for product launches and innovations in equipment technology for the sector. Organisers, Sobratema (Brazilian Association of Technology for Equipment and Maintenance) say the figure at the “history-making edition” corresponds to
    Read More
  • Colombia’s key road transport projects
    May 10, 2019
    A series of major road transport projects are moving ahead in Colombia, with the country’s national infrastructure agency (ANI), handling most of the deals. In the country’s capital, Bogota, design work is now complete on the Calle 13 and Accesos Norte II road projects. The Calle 13 project will see an 11.5km section of route widened so that it features three lanes in either direction. The work will also include building new facilities for pedestrians and cyclists. This project is expected to cost US$1.15 b
    Read More
  • Bolivia's Santa Cruz road corridor connector project
    December 22, 2016
    Bolivia’s ambitious Santa Cruz road corridor connector project is providing an important link for the country - Gordon Feller writes The World Bank has been organising a US$230 million loan to upgrade a vital connector linking the country’s northern and southern transit corridors. Meanwhile, another $100 million is coming from Bolivia’s government.
    Read More
  • We're here to help
    July 16, 2012
    Formed at the end of the Cold War, the European Bank for Reconstruction and Development has raised, and loaned, billions to revitalise infrastructure from central Europe to central Asia as Patrick Smith reports One of the highlights of the year for Thomas Maier has been the recent trip to Bratislava, the capital of Slovakia, where history was made. As the Business Group director in charge of the infrastructure sector at the European Bank for Reconstruction and Development (EBRD) he was present when contract
    Read More

Highlighted Content