Odebrecht plans to use US contract to boost world turnover

Brazilian Construction company Odebrecht says it aims to use revenues generated from its new US road construction contract and further potential Stateside work to boost its global turnover. The company’s new US$45.8million contract involves the renovation of the Sam Houston Tollway between Route 59 and Route 288 in the southern area of Harris County, Texas. The US market currently accounts for 1% of Odebrecht's turnover in the construction sector but the firm is also keen to win other Texas contracts, a
April 24, 2012 Read time: 2 mins
Brazilian Construction company 1305 Odebrecht says it aims to use revenues generated from its new US road construction contract and further potential Stateside work to boost its global turnover.

The company’s new US$45.8million contract involves the renovation of the Sam Houston Tollway between Route 59 and Route 288 in the southern area of Harris County, Texas.

The US market currently accounts for 1% of Odebrecht's turnover in the construction sector but the firm is also keen to win other Texas contracts, as state leaders are said to be lining up projects worth $1billion in roads contracts.

Earmarked expansion of some ports in US is said to also attract interest from Odebrecht. The capacity to handle Post Panamax ships has urged local port authorities to get involved in dredging work projects.

Odebrecht is also involved in the construction of the North Terminal of Miami International Airport, and it is participating on the construction of a dyke system to cater for water generated by floods in New Orleans.
Highway & Network Management

For more information on companies in this article

Related Content

  • Vinci buys Peruvian toll concession holder Lamsac from Invepar
    August 9, 2016
    Vinci Highways has acquired Peruvian toll road operator Lamsac from the Brazilian group Invepar for around US$1.67 billion. The deal is for 100% of Lamsac which is the concessionaire of the Línea Amarilla toll road in the centre of the Peruvian capital Lima. Vinci Highways, which is Vinci Concessions’ international highways subsidiary, also gets the Peruvian company PEX, Lamsac’s electronic toll collection operator. A statement from Vinci said that Lamsacholds a concession contract with the municipali
    Read More
  • Crash barriers aid vehicle protection, road safety
    February 8, 2012
    Barrier and crash cushion systems can make a great deal of difference to roadway safety, with new technology offering major benefits to road users. In North America and Western Europe, concrete centre line dividers are being used for many major highways as these provide a durable solution for preventing cross-over accidents with large vehicles such as heavy trucks. It is worth noting too that other countries are now adopting concrete barriers for highway centre line dividers also, with this system being use
    Read More
  • Russia to become the world’s largest infrastructure market?
    February 20, 2012
    Russia should be one of the largest and most dynamic infrastructure markets in the world over the next 15 years, and now "the time is right to begin a major push." Patrick Smith reports
    Read More
  • Liebherr achieves record turnover in 2012
    April 10, 2013
    The Liebherr Group achieved its highest turnover in its history in 2012. Turnover climbed over than 9% to €9.1 billion, while the company invested a total of €840 million in its operations. The 2012 business year progressed well for the Liebherr Group. Although the reduced dynamism of the world economy had a noticeable effect on orders received in the final months of the year, this no longer influenced turnover significantly. The Group increased its total turnover in the past business year by more than €760
    Read More

Highlighted Content