Skip to main content

Brazilian bridge being built

In Brazil the firm EcoRodovias has won the tender process for the Rio-Niteroi bridge contract. The Brazilian road management firm was awarded the tender for the Rio-Niteroi contract, with its proposed low charge for each user of the bridge. The company will take over management of the route from May 2015, for a period of 30 years. The tariff charged for light vehicles will immediately drop from the current US$1.61 (BRL 5.20) to $1.15 (BRL 3.70) when EcoRodovias takes over from CCR, which has the contract fo
March 23, 2015 Read time: 1 min
RSSIn Brazil the firm 2688 EcoRodovias has won the tender process for the Rio-Niteroi bridge contract. The Brazilian road management firm was awarded the tender for the Rio-Niteroi contract, with its proposed low charge for each user of the bridge. The company will take over management of the route from May 2015, for a period of 30 years. The tariff charged for light vehicles will immediately drop from the current US$1.61 (BRL 5.20) to $1.15 (BRL 3.70) when EcoRodovias takes over from CCR, which has the contract for the bridge at present. CCR presented the weakest offer of the six groups participating in the tender. The Nova Guanabara consortium placed second in the tender process. EcoRodovias is expected to invest $402.5 million (BRL 1.3 billion) in the road over the course of the contract.

For more information on companies in this article

Related Content

  • Nicaragua capital highway route financing secured
    June 26, 2017
    The financing package for a key highway project in Nicaragua’s capital Managua has now been secured.
  • Serbia road funding being delivered
    January 3, 2017
    A loan of €178 million will pay for the Surcin-Obrenovac highway project in Serbia. The loan for the work is being provided by China’s Export-Import Bank. The financing deal has been agreed between the Serbian Government and the Chinese bank. When Chinese sources deliver funding for road projects, a usual stipulation of the agreement is that the main contracting work should be carried out by a Chinese firm. However, the names of the company or companies that will be involved in the road construction have ye
  • Chile’s crowded roads face further congestion
    June 21, 2017
    Road congestion is a growing problem in Chile as the country’s vehicle fleet is fast outstripping road capacity. In 15 of the county’s major urban areas, the vehicle fleet is growing 10 times quicker than the rate of road construction.
  • Road maintenance crisis hits UK and US, as experts gather in Paris
    January 9, 2015
    The road maintenance crisis in the United Kingdom and the United States is deepening amid estimates that it will take millions of dollars to stop highway infrastructure from crumbling, including falling prey to potholes. A recent report by the BBC in the UK said that at least one municipal council, the city of Leeds, is facing a bill of nearly US$153 million to patch up its potholed roads. In the United States, Senator Bernie Sanders is t