Brazil’s road infrastructure to get part of US $ 1.36bn fund

Brazil has built nearly 5,200km of roads in the past four years, according to a review of the federal government's PAC Phase 2 accelerated economic growth programme. Around 1,400 of the 5,200km were built under long-term concessions and another 7,000km are under construction. Total investment has been around US$24.43 billion. PAC is a strategic investment programme that combines management initiatives and public works, according to the World Bank. The first phase, launched in 2007, saw around $349 bil

Brazil’s government will soon be launching a call for tenders to turn 1,038kms of roads into dual carriageways, with US$3.57 billion (BRL 7bn) of associated contracts up for grabs. The projects, being made available by the government via its Dnit transport infrastructure department, include some of the main road arteries in the country, such as the BR-381 in Minas Gerais, where some BRL 1bn will be invested. The government hopes Dnit will be able to invest a total of BRL 14 billion in road infrastructure du

The Brazilian Bank for Economic and Social Development (BNDES), Banco do Brasil (BB) and Caixa Economica Federal banks will form an investment fund to participate in future federal roadway tenders. The move, announced by the Brazilian government, aims to bring more companies into the bidding process by offering more diverse financial solutions. After a winner is declared, the concessionaire will decide whether or not the fund will participate in the concession. The fund may never have a share greater than 4

Around 130 road projects are facing delays in Brazil, according to a data from Brazil's national land transport association ANTT. A report in the newspaper O Estado de Paulo noted that many delays are caused by problems with environmental licences and expropriations, as well as a decrease in road traffic due to the economic crisis. Among projects that were meant to have been completed are those by concession holders Rota do Oeste for the Via 040, Concebra for the Eco 101 and MSVia and Galvão for BR-15