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

  • Mexico has plans for massive infrastructure investment
    July 19, 2013
    Mexico’s Government has plans for a massive programme of infrastructure improvements across the country. In all some US$314 billion will be invested in infrastructure, of which $47 billion will be targeted at improving the country’s transportation network. Mexico’s national transport and communications ministry, SCT, will manage the projects which include works for highways and airports. The plans are expected to include a combination of private and public funding sources, although further details have yet
    Read More
  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin
    Read More
  • Major road projects for Philippines planned
    September 11, 2015
    A series of major highway infrastructure projects are planned for the Philippines. Plans are in hand for the Cavite-Laguna Expressway (CALAX) project, with MPCALA Holdings calling on the authorities to give final approval so that construction can commence before 2017. MPCALA Holdings is a subsidiary of conglomerate Metro Pacific Investments (MPIC) and won the 35-year contract to build, operate and maintain the CALAX in June 2015. The CALAX project is worth US$754.6 million. At present, the company is lookin
    Read More
  • ARTBA sees growth for US transport construction
    December 5, 2017
    Steady growth in the US market for transport infrastructure construction in 2018. This prediction comes from a new report by the American Road & Transportation Builders Association (ARTBA). The report suggests that the US transportation infrastructure market will rebound slightly next year, following a 2.8% drop in 2017.
    Read More

Highlighted Content