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

  • Morocco’s new motorway links are boosting connectivity
    December 16, 2014
    Morocco’s massive motorway construction programme will improve transport connections and boost this North African country’s economy - Mike Woof reports A massive road building programme is transforming Morocco, with new motorways connecting cities and major towns, as well as many new rural roads being built. The Moroccan Government has set an impressive plan for its infrastructure investment that will see even the country’s small and remote villages having proper connections to the main road network. The
    Read More
  • Major Europe-Asia bridge connection in Turkey
    July 1, 2014
    The 3rd Bosporus Bridge and the Northern Marmara Motorway will improve transport links between Europe and Asia and cut chronic congestion in Istanbul, Turkey’s largest city - Mike Woof reports Work is now well underway on the 3rd Bosporus Bridge and the Northern Marmara Motorway, providing a new link for Turkish city Istanbul and the region as a whole. This enormous bridge and highway project is breaking several records for Turkey in terms of scale, as well as setting a number of international records for e
    Read More
  • Despite earlier contractor issues, road projects in Bosnia are proceeding on track
    May 16, 2012
    Key road construction projects are now moving forward in Bosnia with work on-track for the Sarajevo ringroad as well as the Corridor Vc highway. Construction of a 130km section of the Corridor Vc highway should be complete by 2014 according to Bosnia's Ministry of Transport and Telecoms. Work on the first section of the Sarajevo ringroad should be completed within five months, following the signing of an agreement worth €17 million between the Austrian firm Strabag and the Bosnian company HP Investing. The
    Read More
  • Importance of continued transportation investment
    May 2, 2012
    The US infrastructure network requires urgent attention - * T Peter Ruane. America's transportation infrastructure was once the "shining light on top of the hill." Major investments in a national highway, bridge, transit, airport, port and waterway system during the 20th century paid great dividends. The free and efficient flow of goods and people across the 50 states led to unparalleled economic expansion. The mobility and prosperity resulting from an interconnected infrastructure was a model for the world
    Read More

Highlighted Content