Highway projects underway in Brazil

Work is underway securing the finances for key highway projects in Brazil. The tender process for the US$1.72 billio Tamoios Highway project is now underway and the bids are due in mid-May 2014, according to Business News Americas. The project involves a 30 year concession package to operate and maintain the SP-99 Planalto and Serra stretches of the Tamoios highway, connecting the coastal cities of São José dos Campos and Caraguatatuba. The contract also involves 21.5km of road widening along the Serra stre
April 3, 2014 Read time: 1 min
Work is underway securing the finances for key highway projects in Brazil. The tender process for the US$1.72 billio Tamoios Highway project is now underway and the bids are due in mid-May 2014, according to Business News Americas. The project involves a 30 year concession package to operate and maintain the SP-99 Planalto and Serra stretches of the Tamoios highway, connecting the coastal cities of São José dos Campos and Caraguatatuba. The contract also involves 21.5km of road widening along the Serra stretch, and managing the SP-55 road. The winner will be decided on the basis of the lowest annual concession payment requested.

Meanwhile Brazil's national land transport agency 5354 ANTT has authorised the concessionary responsible for work on the Presidente Dutra highway to raise a $202.44 million loan through promissory notes without guarantees.
Finance & Funding

For more information on companies in this article

Related Content

  • Brazil’s highways bidding process
    August 15, 2024
    Brazil will start bidding processes for highway concessions.
    Read More
  • Brazil's economic powerhouse to tackle traffic issues
    May 29, 2012
    The Inter-American Development Bank (IADB) is providing funding worth US$1.14 billion for construction work on the north section of Sao Paulo's orbital highway. The Brazilian city is at the heart of the country's growing economy and traffic congestion has been a problem in the area. The work will commence in 2011 and is due for completion in 2014. The local authorities will need to find a further $1.82 billion however.
    Read More
  • VINCI’s Brazilian highway concession
    March 14, 2025
    VINCI has taken over a key Brazilian highway concession.
    Read More
  • East End Crossing Project—Availability payment P3 in action
    July 14, 2017
    Indiana exercised its authority to use a P3 contract when it partnered with Kentucky for new bridges across the Ohio River. Barney Allison and John Smolen* explain the groundbreaking availability payment deal. Earlier this year, traffic began rolling over the new tolled Lewis and Clark Bridge spanning the Ohio River from northern Kentucky to southern Indiana. The cable-stayed bridge is part of the award-winning Ohio Bridges Project to untangle traffic within the greater metropolitan area of Louisville, Kent
    Read More

Highlighted Content