1. Skip to navigation
  2. Skip to content
  3. Skip to secondary content



Latino Daily News

Friday December 27, 2013

Brazil Considering 8 Groups for Highway Concession

Brazil Considering 8 Groups for Highway Concession

Photo: BR-040 federal highway

Click Here to Enlarge Photo

Four companies and four consortiums have been authorized to compete for a concession to operate a stretch of Brazil’s BR-040 federal highway.

The number of competitors for the stretch linking the capital, Brasilia, with the southeastern city of Juiz de Fora is higher than in any of the four previous Brazilian federal highway auctions held earlier this year, the National Land Transportation Agency said.

CCR, Invepar, Triunfo Participações and Contern Construções e Comercio and the consortiums Via Capital, headed by operator Ecorodovias; Queiroz Galvao; Caminho Novo, led by Encalso Construçoes; and Integraçao, headed by Fidens Engenharia, will compete for the rights to operate the stretch of highway.

The concession terms give the winning bidder the right to operate the highway for 30 years but include the commitment to carry out expansion and modernization work.

The winning bidder will be the one that offers the biggest discount to the government-established maximum toll of 8.3 reais ($3.60) per 100 kilometers (62 miles).

In the previous auctions this year, private companies were awarded the rights to operate 3,300 kilometers (2,050 miles) of four federal highways.

In the most recent auction two weeks ago, Brazilian group CCR beat out five companies for the right to operate 847.2 kilometers (525 miles) of the BR-163 federal highway, which crosses the southwestern state of Mato Grosso do Sul.

Tags

There are no tags for this entry.