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

  • Paraguay-Argentina bridge design
    May 26, 2021
    The design for the new Paraguay-Argentina bridge project is being finalised.
    Read More
  • JCB feel Brazil-liant after landing US$96.4mn tender
    May 15, 2012
    JCB has won one of the biggest single tenders in its history with an order for more than 1,000 machines worth over US$96.4million from the Brazilian Government. The UK-headquartered company beat off competition from other major global manufacturers to secure the deal for the fleet of backhoe loaders, which will be used to improve the road infrastructure in the country. The first 114 of the 1,016 backhoes have now been delivered and the keys to one of the first machines handed over by Brazilian President Dil
    Read More
  • Brazilian roads benefit from upgrades with milling machines
    September 10, 2014
    Super-fine milling is a technique that has been used in Brazil to rehabilitate roads for the World Cup The rehabilitation work had to be carried out speedily and economically, while minimising traffic disruption. To meet these requirements, contractor Fremix Engenharia e Comércio has been using a Wirtgen W200 cold milling machine that is fitted with a super-fine milling drum.
    Read More
  • New tunnel link for Rio de Janeiro
    November 15, 2013
    Excavation work is now underway in Brazil for the Transolimpica tunnel. The US$688.6 million project forms part of the preparation works for the 2016 Olympic Games. The 23km route will connect Barra da Tijuca and Deodoro in Rio de Janeiro. The construction work is expected to last 18 months and should be complete by December 2015. Work on the Transolimpica route is being carried out by the Viario consortium, which comprises Odebrecht, Invepar, and CCR. The tunnel will feature two lanes in each direction whe
    Read More

Highlighted Content