Brazil roads tenders attracting interest

Strong interest is being reported in two road project tenders in Brazil. The tenders are being handled by Artesp, the transport agency for Sao Paulo State. So far as many as 140 interested parties have registered for the tenders of two roadway stretches. The first of these tenders will be auctioned on the 22nd February 2017 while the second will be auctioned on the 25th April 2017. These interested parties include at least 30 road operators and 15 banks, and include firms from Europe, Asia and the Middle Ea
January 31, 2017 Read time: 1 min
Strong interest is being reported in two road project tenders in Brazil. The tenders are being handled by 5380 Artesp, the transport agency for Sao Paulo State. So far as many as 140 interested parties have registered for the tenders of two roadway stretches. The first of these tenders will be auctioned on the 22nd February 2017 while the second will be auctioned on the 25th April 2017. These interested parties include at least 30 road operators and 15 banks, and include firms from Europe, Asia and the Middle East. The tenders are for the 570km Florinea-Igarapava route and the 720km Rodovia dos Calcados route connecting Itaporanga and Franca. The Florinea-Igarapava route will require an investment of US$1.19 billion for the 30 year concession period. The Rodovia dos Calcados route will require an investment of $1.525 billion for the 30 year concession period.
Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
    Read More
  • Thirst for Infrastructure: The Belt & Road Initiative
    November 8, 2017
    Susanna Zammataro, IRF Geneva, writes: The China Highway and Transportation Society (CHTS) – an esteemed member of IRF – will be hosting a special Session on the Belt and Road Initiative during the IRF World Meeting in Delhi, 14th-17th November 2017. Last May, president Xi Jinping welcomed 28 heads of state and government to Beijing to celebrate the “Belt and Road” initiative, an ambitious plan in terms of infrastructure development, but also in terms of foreign policy. Launched in 2013 as “One belt, On
    Read More
  • Volvo CE sees sales dip for Q3
    October 21, 2016
    Volvo Construction Equipment has seen its sales dip 2% in the third quarter of 2016, following a strong year. However the profit margins have improved despite the flat sales volumes in the third quarter. The firm says that an improvement in the European market and order intake up by 17% failed to offset continued weakness in other markets, sending Volvo Construction Equipment (Volvo CE) sales down 2% in the third quarter, when adjusted for currency movements. Net sales in the third quarter decreased by 3
    Read More
  • Russia’s trans-continental route
    August 10, 2018
    Russia is spending US$10 billion on building a 2,000km section of road connecting China with the EU – Eugene Gerden reports Russia has now started building a 2,000km section of a new transcontinental route, which will connect China and the EU. According to senior officials from the Russian Ministry of Transport, which is implementing the project, the new road, will be known as the Meridian and will stretch through the Russian territory that borders with Kazakhstan and Belarus. This route forms the Russian
    Read More

Highlighted Content