An important Brazilian road package has been awarded.
A key road package has now been awarded in Brazil - image courtesy of © Choneschones, Dreamstime
An important road package has been awarded in Brazil to the Consorcio Integrasul consortium. The package is for the Bloco 3 road improvement project and is for a 30-year concession deal.
The consortium comprises Silva & Bertoli Empreendimentos and Gregor Participacoes. The consortium will have to spend some US$723 million during the 30-year period of the concession. The deal relates to 271.5km of roads.
Financing for the concession is likely to come from BNDES and other sources.
