Arteris to invest heavily in Brazilian road projects

Spanish infrastructure group Abertis plans to invest heavily in Brazil through national road and telephone tower projects, after selling its airports-based operations by 2014. The Group is evaluating participation in new highway auctions through its subsidiary, Arteris. Arteris also plans to invest around US$3.22 billion (BRL 7 billion) over the coming years in the nine road projects it currently owns, with $590.13 million (BRL1.3 billion) being invested in 2013. The company will invest $453.94 million (
October 15, 2013 Read time: 1 min
Spanish infrastructure group 5729 Abertis plans to invest heavily in Brazil through national road and telephone tower projects, after selling its airports-based operations by 2014.

The Group is evaluating participation in new highway auctions through its subsidiary, Arteris. Arteris also plans to invest around US$3.22 billion (BRL 7 billion) over the coming years in the nine road projects it currently owns, with $590.13 million (BRL1.3 billion) being invested in 2013. The company will invest $453.94 million (BRL1 billion) in the Regis Bittencourt highway over the next five years, and a total of $1.77 billion (BRL3.9 billion) over the length of the contract.

Arteris is currently carrying out work on the Serra do Cafezal stretch, the deadline of which was extended to 2017 by ANTT, following delays in obtaining environmental licenses.
Road Structures

For more information on companies in this article

Related Content

  • Arteris of Brazil plans to spend up to US$2.26bn by 2017
    January 31, 2013
    Brazil motorway concessionaire Arteris, formerly OHL Brasil, could spend up to US$2.26 billion (BRL 4.5bn) by 2017, instead of an initially planned BRL 3.5 billion. The company is to turn Serra do Cafezal (Rodovia Regis Bittencourt) and BR-101 in Rio de Janeiro into dual carriageways, in addition to Autopista Fluminense and Autoposta Litoral Sul. Arteris says it has a BRL 1.8 billion loan from national development bank BNDES to help with its investments. However, the company says it plans to raise some BRL
    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
  • Abertis looks at new US$20.89bn Brazil motorway projects
    May 7, 2013
    Spanish infrastructure operator Abertis is reportedly interested in participating in new motorway projects valued around US$20.9 billion (BRL 42bn) planned by the Brazilian government. However, Abertis said its main interest remained in short-term investment projects which will be connected to its own motorways. As a result, the company may be participating in the BR-050 motorway project, expected to demand an investment of $1.142 billion (BRL 2.3bn). Abertis is also reported to be considering the acquisiti
    Read More
  • New Moroccan motorways planned
    May 20, 2015
    Four new motorways are to be built in Morocco following approval being given passed by the country’s government. The projects will cost a total of US$3.22 billion in all. The new routes include a motorway between Safi, Marrakesh and Béni-Mellal over a distance of 356-422km and costing from $1.35-1.56 billion. MAD 13bn and MAD 15bn. The other major connection is a motorway between Agadir and Guelmin, set to cost anywhere from $727 million- $1.77 billion, depending on the route and technical constraints, with
    Read More

Highlighted Content