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The State of Bahia, through the Ministry of Urban Development (SEDUR), has launched the tender process for Salvador light train project under PPP scheme.
The project involves the implementation of a Light Rail Vehicle System between Parada Comércio and Parada São Luís de Paripe, with a total length of approximately 18.5 km. The construction will be carried out in two phases: Comércio - Plataforma (9.4km) and Plataforma - São Luiz (9.1km).
The line will have a commercial speed of 25km/h and a maximum operating speed of 70km/h with a forecasted daily ridership of 92,800 passengers.
The total investment for the project is estimated to reach around US$1.5 billion. The term of the contract shall extent for 30 years.
The main objectives of the project are:
The deadline for submission of proposals is June 30.
Brookfield Business Partners L.P. and Sumitomo Corp. have together completed the acquisition of a 70% controlling stake in the core water, wastewater and industrial water treatment business of Odebrecht Ambiental, for a total investment of US$908 million. Under its new ownership, the business will be renamed BRK Ambiental.
Read moreArteris, Abertis’ subsidiary in Brazil, has won the contract for the development of the Itaporanga-Franca Lot, Rodovias dos Calcados (Road of the Shoes) road under PPP scheme.
Read moreSao Paulo has launched a tender process to develop a social housing project which involves building more than 10,000 affordable homes in the state’s capital city.
Read morePetróleo Brasileiro S.A. – Petrobras has announced it has concluded the sale transaction of 90% of the company's shares in Nova Transportadora do Sudeste (NTS) to Nova Infraestrutura Fundo de Investimentos em Participações (FIP), managed by Brookfield Brasil Asset Management Investmentos Ltda, an entity affiliated with Brookfield Asset Management.
Read moreThe consortium Voa São Paulo has been awarded the concession contract to operate five airports in São Paulo, Brazil. The company offered a bid of BRL24.4 million (US$7.8 million) which represents a 101% of the minimum award amount.
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