Brazil’s budget cuts threaten the Santos-Guaruja immersed tunnel

August 18, 2015
Adjustments to Brazil's budget could pose a threat to the planned immersed tunnel between Santos and Guaruja in Sao Paulo state, local media reported.

Sao Paulo state had put the project out to tender and had verbal support from the national treasury to borrow up to US$2 billion to finance the project. However, because of the economic crisis, this support has not materialised.

The tunnel would by 1.7km long, carry six lanes of traffic and be at an estimated depth of 35m.

Out of $918 million needed for the tunnel, Brazil's national development bank BNDES had already approved $269 million while the state of Sao Paulo had committed $258 million, leaving a $373 million gap. Sao Paulo state has half the resources needed already but it will not go ahead with the project until all the funds are available, local media reported.

Out of five consortia that presented a commercial proposal, four are prequalified: ISG Interligacao Santos-Guaruja, made of 1339 Andrade Gutierrez, 3086 Daewoo and CR Almeida; Nova Travessia, made of Constran, Ing E Mantovani and Piacentini Tecenge do Brasil; Tunel Santos-Guaruja, made of 1305 Odebrecht, Queiroz Galvao, 1511 OAS and Strukton; Sigma, made of J Malucelli Construtora de Obras, Grandi Lavori and 7809 Salini Impregilo; and Construtor Tunel Santos-Guaruja, made of Camargo Correa, 2717 Ferrovial Agroman and Carioca Engenharia.

Sao Paulo’s state highway agency 2529 Dersa has produced a video of the proposed submerged tunnel.

For more information on companies in this article

Related Content

  • Australian road maintenance needs an immediate $3.78 billion boost
    July 4, 2014
    The Australian National Road and Motorists Association (NRMA) has published a report highlighting a widening gap in national funds available for road maintenance, a gap which the motoring group says has already reached Aus $3.78 billion. The association is calling on the Federal Government to allocate more fuel excise revenue to road projects, saying up to half of the current 38.1 cents per litre is required to fund the ‘black hole’.
    Read More
  • Transport under the spotlight
    February 13, 2012
    A round-up of some of the major transport-related meetings that have been held in Europe. Compiled by Patrick Smith. Europe has hosted a number of annual events over the last few weeks, where important matters of transport were discussed, reports produced, and decisions taken. ASECAP (the European Association of Tolled Motorways, Bridges and Tunnels Infrastructures Operators); International Transport Forum (ITF); Arena (TRA); International Road Federation (IRF), and the European Construction Industry Federa
    Read More
  • Doubts over a Helsingør-Helsingborg link
    April 14, 2021
    Danish minister questions feasibility of a road-rail tunnel between the Danish and Swedish cities.
    Read More
  • CEA-backed report’s blueprint for UK construction equipment sector growth
    June 11, 2014
    Investment in advanced machine electronics capability; further investment in training and apprenticeship programs; and support for the UK as a continued centre for R&D are all key to securing growth within the British construction equipment industry, according to a comprehensive new Construction Equipment Association (CEA) commissioned report. Further recommendations for the industry in The UK Construction Equipment Sector Report are the need to ensure the cross fertilisation of advanced design, manufactu
    Read More

Highlighted Content