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

  • Bangladesh building big bridges
    January 27, 2015
    Work is moving ahead in Bangladesh on a series of key bridge projects. The country’s largest infrastructure project is for the US$2.96 billion Padma Bridge, which is underway currently. The team working on the project will source a high percentage of construction materials locally. The Institution of Engineers, Bangladesh (IEB) has said that local firms will get business worth from $257.4-$386.1 million. Local firms are supplying cement and sand, although they are only supplying reinforcing steel and not st
    Read More
  • Building a replacement bridge in record time
    March 13, 2023
    The construction of a new bridge in Pittsburgh, Pennsylvania to replace a collapsed structure has been carried out in record time
    Read More
  • Brazilian road projects on track
    February 15, 2012
    A package of road works worth some US$206 million will be carried out in Brazil's Sao Paulo State. The civil engineering work will be focused on roads in the Baixada Santista area.
    Read More
  • Shortlist set for Norway’s Sotra PPP project
    May 21, 2020
    Sotra Link, Itias and Vis Sotra are vying for the $1.15 billion deal.
    Read More

Highlighted Content