Consortium competing for concession contract in Brazil

The tender process for a major highway project in Brazil attracted only one offer. The tender concerns a 66km stretch of the northern metropolitan road in Belo Horizonte, Minas Gerais State. The offer came from the Rota Metropolitana Norte consortium, comprising Odebrecht TransPort with a 60% share and EcoRodovias and Barbosa Mello Participacoes e Investimentos with 20% each. The deal has yet to be confirmed. Once signed, the contract will be valid for 30 years with the possibility that it could be then ext
August 29, 2014 Read time: 1 min
The tender process for a major highway project in Brazil attracted only one offer. The tender concerns a 66km stretch of the northern metropolitan road in Belo Horizonte, Minas Gerais State. The offer came from the Rota Metropolitana Norte consortium, comprising 1305 Odebrecht TransPort with a 60% share and 2688 EcoRodovias and Barbosa Mello Participacoes e Investimentos with 20% each. The deal has yet to be confirmed. Once signed, the contract will be valid for 30 years with the possibility that it could be then extended for a further five years.

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