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 highway project being analysed for viability
    July 22, 2014
    Caixa Economica Federal will analyse a proposal for support US$264.42 million for recovery work on Brazil’s Rodovia Presidente Dutra highway. The proposal has been put forward by Brazilian road operator CCR and needs to be approved by Caixa before any funds can be released. Authorisation for this analysis process to go ahead was given by the board of the FI-FGTS investment fund. The funds would go to the recovery work along the 402km highway that connects Sao Paulo with Rio de Janeiro. CCR has operated the
    Read More
  • Brazilian authorities award tollroad package
    December 18, 2013
    The authorities in Brazil have awarded an important tollroad package for the BR-163 Federal Highway. This route runs through Brazil's mid-western state of Mato Grosso do Sul and the 30 year concession for the 847km of highway was won by tollroad firm CCR, according to Business News Americas. The concession package is worth some US$2.78 billion and was awarded on the basis of the low toll charges CCR will introduce on the route. The project requires widening the road along a 130km stretch within 12 months of
    Read More
  • Rio’s 2014 roads plan
    May 11, 2012
    The authorities in Brazil’s Rio de Janeiro State intend to invest US$1.55 billion in the road network from now until 2014. Work will be carried out to some 750km of roads with funding being provided by a combination of PPPs and sources such as the World Bank (WB) and the Latin American Development Bank (CAF).
    Read More
  • Interest strong in Brazilian bridge tender
    February 10, 2015
    Interest is strong in the tender for Brazil’s proposed Rio-Niteroi bridge project. So far three groups have expressed an interest in tendering for the project, EcoRodovias, Arteris, and current contract holder CCR. The tender will commence on March 18th 2015. A number of other groups had shown interest but will duck out due to legal issues relating to the Lava-Jato case that is ongoing at present. Brazil’s national land transport agency ANTT has set a maximum tariff value for the bridge toll at US$1.89 (BRL
    Read More

Highlighted Content