The state government of Pernambuco and National Bank for Economic and Social Development (BNDES) has signed an agreement to carry out studies aimed at evaluating the viability for a concession of four roads. These road stretches will cover 272 km and will connect 30 municipalities in Pernambuco. The estimated investment for the project is BRL 850 million (US$ 162.70 million). The auction for the project is planned to be completed before 2022.
BNDES will define the scope of the studies, hire the consultants, probably via bidding, coordinate and supervise the work. The study includes the following highway projects :
- PE - 045 - connects Escada to Vitória de Santo Antão
- PE - 050 - links Limoeiro to Vitória de Santo Antão
- PE - 060 - connects Cabo de Santo Agostinho to the South Coast
- PE - 090 - connects Carpina to Toritama
Country updates
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July 22, 2020
Contract signed for public lighting PPP in Teresina
The Municipality of Teresina and the Teresina Luz consortium (Conasa Infraestrutura, FM Rodrigues and Brasiluz) signed PPP contract for public lighting in Teresina. The contract was modeled...
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July 22, 2020
ENGIE and CDPQ acquire remaining 10% of TAG in Brazil
ENGIE announced that its joint bid with Caisse de dépôt et placement du Québec (CDPQ) has been successful in acquiring the remaining 10% stake in Transportadora Associada de G&aacu...
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July 15, 2020
Brazil approves plans for Ferrograo railway concession
The National Land Transport Agency (ANTT) has approved the concession plan for Ferrogrão railway project along with technical studies and draft public notice and contract. The Fe...
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July 14, 2020
CCR Group signs BRL7bn road concession in Brazil
The CCR Group, through the company it controls CCR Via Costeira, and the State of Santa Catarina in Brazil have signed BR-101/SC road concession. Over the next 30 years, the project will require...
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July 08, 2020
Petrobras launches sale of remaining stakes in Nova Transportadora do Sudeste (NTS)
Petróleo Brasileiro S.A., commonly known as Petrobras, has launched the binding phase of the sale of its remaining 10% stake in the natural gas pipeline network Nova Transportadora do...
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