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

  • 1st IRF Europe & Central Asia Regional Congress held on in Turkey
    November 18, 2015
    The International Road Federation (IRF) organised its first Regional Congress & Exhibition in Istanbul, Turkey on 15–18 September, 2015 The IRF is a non-governmental, not-for-profit membership organisation founded in Washington, DC in 1948 with the mission to encourage and promote development and maintenance of better, safer and more sustainable roads and road networks around the world.
    Read More
  • EIB backing Irish motorway link
    April 30, 2014
    The European Investment Bank (EIB) is providing financial backing worth €144 million for the new M17/M18 Gort-Tuam motorway project. The M17/M18 Gort to Tuam PPP Scheme is situated in the west of Ireland and will be constructed as a four lane motorway that will replace the existing N17/N18 roads. This new motorway will reduce journey times by around 20 minutes and has an overall cost estimated at €550 million. Construction work will start during this year and this is the second transport PPP to be signed un
    Read More
  • Brazil road auctions for 2023
    June 14, 2023
    Major Brazil road auctions are planned for 2023.
    Read More
  • EBRD continues supporting infrastructure investment
    January 21, 2014
    The European Bank for Reconstruction and Development (EBRD) says it has provided strong support to emerging economies in 2013. Much of this investment has been into transportation infrastructure, which the EBRD sees as being crucial for development and to help emerge economies into growth. Total investments for the year across all of the regions where the EBRD is active amounted to €8.5 billion, according to preliminary estimates, compared with financing of €8.9 billion the previous year. These investments
    Read More

Highlighted Content