Brazil roads tenders attracting interest

Strong interest is being reported in two road project tenders in Brazil. The tenders are being handled by 5380 Artesp, the transport agency for Sao Paulo State. So far as many as 140 interested parties have registered for the tenders of two roadway stretches. The first of these tenders will be auctioned on the 22nd February 2017 while the second will be auctioned on the 25th April 2017. These interested parties include at least 30 road operators and 15 banks, and include firms from Europe, Asia and the Middle East. The tenders are for the 570km Florinea-Igarapava route and the 720km Rodovia dos Calcados route connecting Itaporanga and Franca. The Florinea-Igarapava route will require an investment of US$1.19 billion for the 30 year concession period. The Rodovia dos Calcados route will require an investment of $1.525 billion for the 30 year concession period.