The Government of Minas Gerais has postponed the auction for the Rodoanel de Belo Horizonte ring road public-private partnership (PPP) project in Brazil.
The BRL5 billion (US$911.10 million) project involves the construction of a 100 km long free-flow tolled highway for the north and west sections of the Belo Horizonte ring road located in the state of Minas Gerais, Brazil.
The government has delayed the auction in order to have more time to discuss the project with the municipalities that will be affected. The auction for the project will now take place on August 12, 2022, instead of the end of July.
Previcon has won a BRL406 million (US$74.81 million) contract for the development of the MG-424 highway in Brazil.
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