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

  • Italian highway investments
    May 3, 2012
    The Italian island of Sicily is to benefit from major investment in its road network, in a move designed to help boost its economy.
    Read More
  • Zambia road surfacing upgrade
    February 8, 2018
    Work is starting on an upgrade for a 100km stretch of road in Zambia. The route connects Nchelenge and Chiengi districts and will benefit from a new asphalt surface. The project is costing US$77 million and is being carried out by the contractor Sinohydro Zambia. Delays to the work have been caused by heavy rains however. The Zambian Government has paid an initial $3.8 million for the work to be carried out and the project is expected to take two years to complete.
    Read More
  • Serbian highway work underway
    April 1, 2022
    Serbian highway work is underway at present.
    Read More
  • ARTBA reports green success in US
    March 1, 2012
    A new report from the American Road & Transportation Builders Association (ARTBA) says that the US transportation sector has been instrumental in improving the country's environment over the past 40 years.
    Read More

Highlighted Content