Brazil highway project being analysed for viability

Caixa Economica Federal will analyse a proposal for support US$264.42 million for recovery work on Brazil’s Rodovia Presidente Dutra highway. The proposal has been put forward by Brazilian road operator CCR and needs to be approved by Caixa before any funds can be released. Authorisation for this analysis process to go ahead was given by the board of the FI-FGTS investment fund. The funds would go to the recovery work along the 402km highway that connects Sao Paulo with Rio de Janeiro. CCR has operated the
July 22, 2014 Read time: 1 min

Caixa Economica Federal will analyse a proposal for support US$264.42 million for recovery work on Brazil’s Rodovia Presidente Dutra highway. The proposal has been put forward by Brazilian road operator CCR and needs to be approved by Caixa before any funds can be released. Authorisation for this analysis process to go ahead was given by the board of the FI-FGTS investment fund. The funds would go to the recovery work along the 402km highway that connects Sao Paulo with Rio de Janeiro. CCR has operated the route since 1996.

Finance & Funding

Related Content

  • Brazil's flood damage
    May 3, 2012
    Major repairs are required to roads and bridges in Brazil's Rio de Janeiro State following the recent spate of flooding. In all 185 bridges and five roads will have to be repaired or rebuilt, with the work expected to cost in the region of US$237.6 million. Severe weather conditions caused the flooding, which was particularly heavy in in the hilly regions of Nova Friburgo, Teresopolis, Sumidouro, Petropolis, Bom Jardim, Sao Jose do Vale do Rio Preto and Areal.
    Read More
  • Optimism for M&T Expo 2012 show
    May 30, 2012
    M&T Expo 2012, the 8th International Exhibition of Construction Equipment and 6th International Exhibition of Mining Equipment, has opened in São Paulo, Brazil’s biggest city. It is the largest trade show for the construction and mining industries in Latin America. According to M&T Expo promoter Sobrameta (the Brazilian Association of Technology for Equipment and Maintenance) the prevailing tone at the opening ceremony was one of optimism among the leaders in the two segments of industry. Sobratema is expe
    Read More
  • Brazil planning major highway concession deals
    November 17, 2015
    The Brazilian Government has identified around 10,000km of new highway concessions. This programme will be achieved through a new road maintenance scheme called Programa Nacional de Manutencao de Rodovias (PNMR). The scheme will seek the replacement of existing road maintenance contracts with PPP or other concession arrangements in five years. Brazil has around 9,900km of privatised roads at the moment. Including blocks part of the PIL scheme, this figure stands at 17,000kms. The main aim of the PNMR plan w
    Read More
  • New Paraguay-Brazil bridge being built
    July 1, 2020
    Construction work is now underway on a new Paraguay-Brazil bridge.
    Read More

Highlighted Content