Brazilian Government sets out highway financing plans

The Brazilian Government looks set to finance work to upgrade key highways in the country. This move comes although the highways were privatised in the 1990s, according to a report by Business News Americas. The work looks likely to cost as much as US$1.7 billion and will be carried out on highways that are operated by CCR and Triunfo Participações e Investimentos (TPI). Although the routes were privatised, the Brazilian Government will finance necessary upgrades as this includes highway expansion work not
January 6, 2014 Read time: 1 min
The Brazilian Government looks set to finance work to upgrade key highways in the country. This move comes although the highways were privatised in the 1990s, according to a report by Business News Americas. The work looks likely to cost as much as US$1.7 billion and will be carried out on highways that are operated by CCR and Triunfo Participações e Investimentos (TPI). Although the routes were privatised, the Brazilian Government will finance necessary upgrades as this includes highway expansion work not envisaged when the contracts were settled.
Finance & Funding

Related Content

  • Brazilian road spend dips slightly for 2015
    July 9, 2015
    Brazil will spend at least US$1.63 billion in privately operated federal road infrastructure projects in 2015. This is down slightly, from $1.82 billion spent in 2014, according to estimates by the land transport agency NTT. Work this year includes a stretch of the BR-050 motorway operated by MGO, which already has seen around $104 million. Road operator Concer, which administers sections of the BR-060, BR-153 and BR-262, invested nearly $88 million between 2014 and the first quarter of 2015. Arter
    Read More
  • Tenders being opened in Brazil for highways and tunnel projects
    February 6, 2014
    A series of major project tenders are opening in Brazil. The Brazilian Government has announced five new road tenders to be launched in 2014. The highway sections run for a total distance of some 2,625km. This programme of works will lengthen the country’s highway network by some 2,282km, with the work costing an impressive US$7.39 billion in all. The roads include the BR-163, BR-364 and BR-153 in the Central West region, and the BR-476 stretch in the South, in addition to the Rio-Niteroi Bridge in Rio de J
    Read More
  • 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
  • VINCI’s Brazilian highway concession
    March 14, 2025
    VINCI has taken over a key Brazilian highway concession.
    Read More

Highlighted Content