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

  • Progress is being made with Serbia’s Corridor 11 highway project
    October 8, 2012
    Work is underway in Serbia for the Corridor 11 highway project and a number of local firms are now carrying out construction work on the Corridor 11 section from Ub to Lajkovac. Meanwhile Azvirt from Azerbaijan is preparing the Ljig to Preljina stretch of the highway, with the €300 million work being financed by Azerbaijan. The Serbian Government is asking China’s Exim Bank for a long term loan of €850 million, of which €300 million would be for the Corridor 11 project and €550 million would be for the Mora
    Read More
  • Indonesia highway projects underway
    July 27, 2020
    Work on key Indonesian tolled highway projects is now underway.
    Read More
  • Safety measures aid workzone accident reduction
    February 20, 2012
    Everyone connected with the highway industry is involved in the efforts to cut down the number of work zone accidents. Patrick Smith reports. A few months ago, as road work resumed on America's highways and bridges, US Transportation Secretary Ray LaHood called on drivers to use extra caution in work zones. At the same time he commended the success in reducing overall roadway fatalities in each of the last seven years.
    Read More
  • Brazil road repair agreements
    March 1, 2012
    In Brazil the Sao Paulo-based company EcoTech plans to invest US$198 million in road repair technologies by 2016.
    Read More

Highlighted Content