The highway concession projects in the state of Rio de Janeiro are under legal uncertainty which could result in backing out of investors. The state government is in the process to float a number of highway concessions, legal stipulations might be a hurdle in the plans of the government.
Recently the superior court has ordered the termination of the Linha Amarela urban highway concession and might terminate Via Lagos too. The concessionaire companies Invepar and CCR have been adversely affected by the decision. In the case of the Linha Amarela toll road in audit, it is surfaced that the concessionaire has collected 60 times more toll taxes than the total service cost. Due to similar reasons, state legislators demanded to terminate Via Lagos also.
The structuring of the prison PPP pilot project in the Rio Grande do Sul has been approved by the Government. The authority aims at building and operating a new penal complex composed o...
Read moreThe Intermunicipal Consortium for Regional Development - Convale in Minas Gerais, Brazil has announced opening of the public consultation period for the concession of services for the management...
Read moreThe City of Porto Alegre in Brazil has signed a contract with the Federal Fund for Structuring Projects - FEP to carry out the studies to structure the municipal drainage system concession project.&nb...
Read moreBrazilian asset manager Pátria Investimentos has closed its fourth infrastructure fund, Patria Latam Infrastructure Fund IV, with BRL10 billion (US$1.86 billion) commitment from investors....
Read moreThe city of Macapa has announced a public notice for the privatization of public lighting in Macapá. The National Bank for Economic and Social Development (BNDES) provided technical suppor...
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