Funds found to finance Brazilian highway widening

Widening work to a 453km section of Brazil’s BR-163 highway will be carried out by the consortium, Rota do Oeste. The firm is the current operator of the highway and is receiving a US$298.84 million loan from national development bank BNDES to fund the necessary widening of the route. The deal has been approved by the Brazilian land transport agency, ANTT. The funds will also be used to provide maintenance work for this section of the BR-163 highway.
July 24, 2014 Read time: 1 min

Widening work to a 453km section of Brazil’s BR-163 highway will be carried out by the consortium, Rota do Oeste. The firm is the current operator of the highway and is receiving a US$298.84 million loan from national development bank BNDES to fund the necessary widening of the route. The deal has been approved by the Brazilian land transport agency, 5354 ANTT. The funds will also be used to provide maintenance work for this section of the BR-163 highway.

Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Lintec supplies plants for Brazilian highway project
    August 18, 2015
    German manufacturer LINTEC has supplied three of its highly sophisticated, containerised asphalt mixing plants for use on the important BR-163 highway project in Brazil. This is one of several major plant orders for the firm for use in road projects in Latin America. According to LINTEC, its activity in this market is helping contribute to the construction of high quality roads that will last.
    Read More
  • Brazilian project attracts strong interest
    April 30, 2012
    Interest is strong in Brazil’s BR-101 highway project. The tender for the project will open on 18th January 2012. According to Brazil's Land Transport Agency (ANTT), at least six groups, most Brazilian, have shown interest in the project. The stretch to be put out to tender totals 476km, of which 458km is in Espirito Santo. The ANTT states that US$1.24 billion will be invested in the BR-101, with plans to widen the highway in stages. The concession period for the road totals 25 years and the highway will fe
    Read More
  • Delays blight Brazil’s highway programme
    August 4, 2016
    Around 130 road projects are facing delays in Brazil, according to a data from Brazil's national land transport association ANTT. A report in the newspaper O Estado de Paulo noted that many delays are caused by problems with environmental licences and expropriations, as well as a decrease in road traffic due to the economic crisis. Among projects that were meant to have been completed are those by concession holders Rota do Oeste for the Via 040, Concebra for the Eco 101 and MSVia and Galvão for BR-15
    Read More
  • Brazil: Dnit proposes suspending 61 projects due to lack of funds
    May 9, 2016
    Brazil's national department of transport infrastructure, Dnit, has approved a proposal to suspend work on 29 road projects across 12 states. The approval comes after severe budget cuts this year and the number of affected works could increase to 61. Dnit noted, however, that no work will be immediately stopped and that current contracts will be maintained. The proposal will now go before the Ministry of Transport and Planning and the Office of the Chief of Staff before it can receive final approva
    Read More

Highlighted Content