CCR Group, which currently manages 2.437 kilometers of highways of the national highway system in the states of São Paulo, Rio de Janeiro and Paraná, has recently announced that it subsidiary CCR SPVias has reached an agreement with the Regulatory Agency of São Paulo State Transport (Artesp), for the duplication of the John Mellão (SP-255) Highway in Avaré.

Highway John Mellão (SP - 255) is the name of a stretch of this highway in the state of São Paulo. The duplication will be implemented between the kilometers 254 and 261, a total of 7 kilometers.

According to CCR Group, the total investment of the works will amount R$177,099,000 (around US$50 million). In return, the contract of the concessionaire will be extended by ten months and one week.

SPVias is a privately-managed toll road concessionaire that holds a 27-year concession to operate and maintain the 516-kilometer (km) Castello Branco-Raposo Tavares toll road system, as well as the Joao Mellão, Antonio Romano Schincariol and Francisco Alves Negrão roads, connecting the city of Sao Paulo (not rated), the capital city of the State of Sao Paulo (Ba2 negative), to the southwestern region of the State, and to the States of Mato Grosso (not rated) and Parana (Ba3 stable). SPVias serves an important region in the country, with a very high concentration of agribusiness (mainly livestock, sugar cane and ethanol production) with a population of approximately 860,000 spread across 26 municipalities. SPVias's traffic profile is highly concentrated on heavy vehicles, which have historically accounted for about one third of total traffic whereas the remaining traffic has been comprised of light vehicles, most of which are commuters.

SPVias is an operating subsidiary of CCR S.A. (CCR), one of Brazil's largest infrastructure concession groups that operates and maintains 3,265 km of toll road concessions. SPVias' concession was granted in 2000 to a consortium of construction companies for 20 years, and later sold to CCR in 2010. In 2006, the concession was extended for additional seven years and eight months, expiring in 2027.