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

  • Brazil road financing solutions
    June 24, 2019
    Solutions have been found that will help finance key road projects in Brazil’s Rio de Janeiro State. A combination of road concession packages and PPP agreements are expected to deliver the US$2.16 billion required to carry out the 142 projects needed for key infrastructure work in Rio de Janeiro State. Some of the infrastructure projects are for utilities or waste handling, but around 80% of the works needed for Rio de Janeiro’s southern region will be for road maintenance or upgrades. Key highways in need
    Read More
  • Symology supplies the foundations for Tarmac’s Street Works business
    April 7, 2017
    UK contractor Tarmac has been in partnership with Symology since 2011, using a shared management service for asset management to meet tougher government street work regulations, writes Matt Waite Tarmac, with more than 6,600 employees, is the UK’s leading sustainable building materials and construction solutions business. The company has over 330 UK sites from which it delivers contracting and highways maintenance services as well as products such as aggregates, asphalt, cement, lime and ready-mix concre
    Read More
  • Honduras road development plan
    November 14, 2018
    A major programme of road repairs has been set in Honduras. The new road infrastructure plan is for the 2018-2022 period and aims to improve and upgrade 96% of the country’s existing network. At present a mere 4% of the country’s 16,412km road network is considered satisfactory.
    Read More
  • Czech republic to complete 80km of motorway out of 230km
    July 3, 2017
    The Czech government said that around 80km of highways out of 230km under construction will be finished this year. Completed work includes the upgraded sections of the D1 motorway.
    Read More

Highlighted Content