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 Serra do Cafezal Highway
    July 29, 2015
    Brazil's improved Mercosur route will boost capacity and cut travel time - Mauro Nogarin writes. The Régis Bittencourt Highway is one of the main access routes of the Mercosur traffic. It has a length of 400km and connects the main cities of São Paulo and Curitiba, which allows for products to enter from the southeast toward the rest of the southern part of Brazil and later transit to Argentina, Paraguay and Uruguay. Products also flow into Brazil from Mercosur through this major highway. The cost of the hi
    Read More
  • Paraguay road widening contract
    April 14, 2022
    A Paraguayan road widening contract will be offered.
    Read More
  • Brazilian project due
    February 9, 2012
    Work on the eastern section of Sao Paulo's Mario Covas orbital highway is being given the official go-ahead. Approval has been given by Sao Paulo's state environmental agency Consema for the 44.5km extension of the highway.
    Read More
  • Funds found to finance Brazilian highway widening
    July 24, 2014
    Widening work to a 453km section of Brazil’s BR-163 highway will be carried out by the consortium, Rota do Oeste. The firm is the current operator of the highway and is receiving a US$298.84 million loan from national development bank BNDES to fund the necessary widening of the route. The deal has been approved by the Brazilian land transport agency, ANTT. The funds will also be used to provide maintenance work for this section of the BR-163 highway.
    Read More

Highlighted Content