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

  • New underground road project proposed for Brisbane
    August 19, 2022
    A new underground road project is being proposed for Brisbane.
    Read More
  • Brazil Tamoio highway and São Sebastião tunnel work
    July 5, 2016
    Brazil’s Tamoio Highway and São Sebastião tunnel construction is of major importance – Mauro Nogarin reports. The modernisation and expansion of Brazil’s Tamoio highway is a major project for Brazil. The project has an estimated cost of $1.5 billion and work on the first section from Planalto was completed in January 2014, costing around $350 million. The project is being managed by the state-owned agency DERSA, which deals with road development. According to the concessionaire for the Tamoios highway p
    Read More
  • Major Brazilian tunnel project proposed
    September 10, 2015
    A novel tunnel project has been proposed in Brazil. The local infrastructure group Contern has suggested building a tunnel underneath the Serra do Mar nature reserve along the coast of Sao Paulo. The new link would improve access to the southern coastal area of that state, including to Santos port and the industrial area known as Baixada Santista. The project would be carried out under the PPP model so as to provide the necessary funding. The tunnel would have to be 21-23km long and would feature twin tubes
    Read More
  • Brazil's risky road business?
    March 1, 2012
    Questions are being asked in Brazil over the terms and conditions set on the tender for Rodoanel, a ring-road around Sao Paulo.
    Read More

Highlighted Content