Brazil approves US$80mn to rebuild Porto Alegre airport
Brazilian airport regulator ANAC approved 426 million reais (US$80mn) in compensation to be paid to Fraport Brasil, the concessionaire of Salgado Filho airport in Porto Alegre, to support reconstruction of the complex after it was hit by unprecedented floods in May.
Salgado Filho has been closed since early May, when much of Rio Grande do Sul state was brought to a standstill by heavy rains and the ensuing floods, which caused widespread damage to infrastructure.
"Fraport requested total compensation of 925mn reais for rebuilding Salgado Filho airport. After reviewing the request, Anac's board of directors approved 362mn reais for reconstruction and an additional 64mn reais to maintain airport operations during the reconstruction process," ANAC said in a statement.
The deal announced by ANAC will now will be forwarded to the ports and airports ministry and to the federal audit court (TCU) for approval and oversight.
"The funds will be transferred to the concessionaire in installments as the need for expenses for the reconstruction of the airport is proven," ANAC added.
German group Fraport AG Frankfurt won the 25-year concession contract for the airport at an auction in 2017.
Fraport is currently working to free up 1,700m of the airport runway by October. In a second stage, the company will carry out repairs on the remaining 2,000m for the full resumption of operations in December.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Infrastructure (Brazil)
Brazil holds year’s 1st port terminals auction with plans for more action
Leasing contracts for five port terminals went under the hammer on Wednesday.
Brazil to hire firms for waterway concession studies
The government will contract firms to produce studies for two waterway concession contracts.
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.
- Project: Resurfacing of streets in the municipality of Manicore/am
- Current stage:
- Updated:
12 months ago
- Project: Plumbing works damping reservoir crossings and paving constraints project outdated May 199
- Current stage:
- Updated:
12 months ago
- Project: Construction of the Municipal Sports Stadium in Ituiutaba - MG
- Current stage:
- Updated:
5 years ago
- Project: Implantacao of Solid Waste Systems.
- Current stage:
- Updated:
5 years ago
- Project: Construction of the Santarem Maternal and Child Hospital
- Current stage:
- Updated:
5 years ago
- Project: Asphalt paving, drainage and urbanization of public roads in the municipality of Canta
- Current stage:
- Updated:
1 year ago
- Project: Road paving in the municipality of Jaboatao dos Guararapes/PE
- Current stage:
- Updated:
1 year ago
- Project: Reform and expand the francisco cardoso de morais municipal stadium (moraisao), in the municipality of maranguape ceara
- Current stage:
- Updated:
3 years ago
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: Consórcio Concremat-JNS
-
The Concremat-JNS Consortium is a partnership formed by Concremat Engineering and Technology SA and JNS Engineering, Consulting and Management Ltda. for the implementation of th...
- Company: Accell Solucoes para Energia e Agua Ltda. (Accell Solutions)
-
The description contained in this profile was extracted directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine...
- Company: Tracomal Terraplenagem e Construções Machado Ltda. (Tracomal)
-
Tracomal is a Brazilian construction company founded in 1973 and headquartered in Serra, Espírito Santo. It has participated in over 250 projects in the states of Espírito Santo...
- Company: Projetos, Supervisão e Planejamento Ltda. (Prosul)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: LZA Engenharia
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tra...
- Company: Grupo SEMI (SEMI Engenharia)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tra...
- Company: Jan De Nul do Brasil Dragagem Ltda. (Jan De Nul do Brasil Dragagem)
-
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: Araxá Engenharia S.A. (Araxá Engenharia)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
