The Government of Brazil has sanctioned a law that will make the expansion of the Belo Horizonte metro feasible. The BRL2.8 billion (US$521.95 million) project has been under dispute, but the agreement between the federal government of Brazil and the state government of Minas Gerais will allow for the privatization and implementation of the project.
Companhia Brasileira de Trens Urbanos (CBTU) will act as contracting authority for the project. The scope of works involves the expansion of Line 1 and operation and maintenance of Lines 2 & 3 among others. Belo Horizonte metro project is expected to be announced in March 2022, after which the auction process will take place.
National Bank for Economic and Social Development (BNDES) will provide necessary resources for the project's concession. According to the agreement, the state government will finance another BRL400 million (US$74.53 million) in addition to federal funds.
Country updates
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October 01, 2021
Brazil approves Parnaíba Airport concession
The Ministry of Infrastructure of Brazil, through the National Civil Aviation Secretariat, has approved the concession of the Parnaíba Airport. The International Airport will strengthen to...
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October 01, 2021
Public consultation launched for Toledo lighting PPP
Toledo city hall in Parana, Brazil has launched a public consultation for the street light network modernization PPP project. The concession involves the replacement of approximately 28,000 light poi...
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October 01, 2021
Public consultation launched for USD4.3 billion sanitation PPP project in Brazil
The government of the State of Rio and the National Bank for Economic and Social Development (BNDES) in Brazil has opened a public consultation for block 3 of the sanitation concession.
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September 23, 2021
Construction works resumed for multimillion highway PPP project in Brazil
The Government of São Paulo in Brazil has resumed the works for contours of the Tamoios Highway (SP-99) in Caraguatatuba and São Sebastião.
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September 22, 2021
Brazil receives new proposals for railway projects
The Federal Government of Brazil, through the Ministry of Infrastructure (MInfra), has received two new proposals from the private sector for the development of railway projects in São Paulo, E...
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