Brazil
News

Court OKs 2nd hwy concessions round advancement

Bnamericas
Brazil's government is free to continue its second federal highway concessions round after the country's supreme court threw out a petition by the federal public ministry regarding the charging of tolls, the transport ministry said. The public ministry had asked that tolls only be allowed if there were free, alternative routes, said the release. The free, alternative route requirement would have made the tollroad's operation not economically viable, according to federal lawyer Douglas Vitoriano Locateli. A call for bids for the second round is expected next semester, with total private investment in the eight stretches - to be offered under concession for 25 years - expected to come to more than 12bn reais (US$4.75bn). The highways to be put out to concession total 3,039km and are split into eight lots: BR-153 in São Paulo state (322km), BR-116 in Paraná and Santa Catarina (407km), BR-393 in Rio de Janeiro (201km), BR-101 in Rio de Janeiro (321km), BR-381 in Minas Gerais and São Paulo (562km), BR-116 in São Paulo and Paraná (402km), BR-116 and BR-376 in Paraná and BR-101 in Santa Catarina (368km), and BR-101 in Espírito Santo (458km).

Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Infrastructure (Brazil)

Get critical information about thousands of Infrastructure projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Infrastructure (Brazil)

Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Tecna Brasil Ltda.  (Tecna Brasil)
  • Tecna Brasil is the local branch of Argentina's Tecna which provides EPC projects for the oil and gas, mining, nuclear and biofuels industries. Tecna is part of Spain's construc...
  • Company: Consorcio Via Brasil MT-246
  • The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
  • Company: Governo do Estado do Ceará
  • The Ceará state government covers 184 municipalities and 8.7mn residents in northeast Brazil. It develops policies and projects through its infrastructure, water resources, educ...
  • Company: VPorts  (Vports)
  • The description contained in this profile is taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tran...