China's CRCC looks for partners for Brazilian railway concessions
According to the local press, the Brazilian Ministry of Transport said on Monday that the Chinese firm, China Railway Construction Corporation (CRCC), is interested in the railroad concession program to be tendered in Brazil and is looking for a Brazilian partner to form a consortium.
The local press reports that the coordinator for South America of CRCC, Deng Hongling, paid a visit on Monday to Transport minister, César Borges, and showed interest in bidding for the projects.
The first tender, the railway stretch between Açailândia (MA) and Barcarena (PA) is scheduled for October,
According to the Ministry of Transport, the Chinese representative emphasized how attractive the Brazilian model is due to the fact that the state company Valec will purchase 100 % of the load capacity from the concessions.
Country news
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September 10, 2013
Abertis and Brookfield Infrastructure acquire additional 24.2% in Brazilian toll roads
Partícipes en Brasil S.L. (51 % owned by abertis and 49% owned by Brookfield Infrastructure) and Brookfield Aylesbury S.A.R.L. (Brookfield Infrastructure's subsidiary) have jointly acquired 83,218,831 ordinary shares of Arteris S.A, the owner of several toll roads in Brazil. Read more -
September 10, 2013
Actis acquires 60 % stake in Brazilian wind energy company
Actis announced last week that it has acquired 60% of Atlantic Energias Renovaveis S/A, a Brazilian renewable energy company for an initial commitment of US$169 million through a primary transaction. Actis will be joining existing shareholders Pattac (24%) and Servinoga (16%), the co-founders of Atlantic and experienced infrastructure investors. Read more -
September 11, 2013
Sao Paulo appoints consultant to structure hospitals as PPPs
The state of São Paulo, through the Secretaria de Saúde, has hired Fundação Instituto de Pesquisas Econômicas (FIPE) as an advisor to structure four hospital complexes to be built under the PPP model. Read more -
September 12, 2013
Sao Paulo re-launches tender for metro line 6
The tender for the 13.5km line was originally launched on February 8 with a deadline of May 9 but bidders reported problems with the land acquisition costs included in the tender documents. Read more -
September 17, 2013
Arteris announces refinancing of Intervias highway
Arteris S.A. Read more
