• Categories
  • Archives

With Public or Private Funds Brazil Is in a Rush to Fix its Roads

Brazil’s government hopes to award the concession for the BR-163 highway, which connects Cuiabá (in the state of Mato Grosso) to Santarém (Pará), in six months.

This information comes from the Minister of Transportation, Alfredo Nascimento.


“It is a very important highway, chiefly for the Brazilian Center-West, for the country’s grain production, because it will diminish export transportation costs. Our expectation is that next year the highway, which extends for about 1.5 thousand kilometers, will be transferred to private hands and be paved,” he said.


The Minister also informed that improving the so-called Mercosur integration highway, the BR-101, has harnessed the government’s attention.


“We are working on the southern part, in Rio Grande do Sul and Santa Catarina, to duplicate the lanes. This project should cost US$ 626 million (1.5 billion reais). In this year’s budget we have already contracted and pledged (a commitment to transfer funds) around US$ 208.9 million (500 million reais), that is, a third of the project’s cost,” he stated.


Yesterday, Nascimento participated in the closing session of the II Logistics Seminar, organized by the Federation of Industries of the State of São Paulo (Fiesp) during the South America Intermodal fair.


Agência Brasil

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil Expects Foreign Tourists to Spend More than Ever this Year

According to Brazil’s Central Bank, foreigners visiting Brazil spent US$ 314 million, in September, ...

Brazil’s Pantanal, a Biosphere Reserve, in Danger of Disappearing in 45 years

At an average annual devastation rate of 2.3%, the Pantanal, the world’s largest flood ...

Brazil’s Itaíº and Unibanco Join to Create Southern Hemisphere’s Largest Bank

Brazilian banks Itaú and Unibanco are merging their operations establishing the largest private financial ...

Brazil Blames Boeing Crash on American Pilot Flying at Wrong Altitude

The Brazilian aviation authorities say that the Brazilian-made Legacy jet that collided with Gol’s ...

The Case of Brazil’s Supreme Against PT Leaders Behind Mensalão to Start October 1st

On Wednesday, September 12,, the justice-rapporteur in Penal Case 470, known as the mensalão, ...

Brazil Adds Up the Theft by Its Politicians: US$ 5 Billion

Corruption has cost Brazilian taxpayers US$ 5 billion in the last four years according ...

Another Day of Chaos and Heartache for Brazil’s Varig Ticket Holders

The new Varig plan to cancel all domestic and international flights with the exception ...

Brazil Gets Pat on Back from U. S.

We have seen an agenda designed to fight poverty and increase economic growth and ...

Brazil-Argentina-Paraguay Triple Border Fears Yellow Fever Epidemics

Since the confirmed yellow fever deaths of two jungle workers in the neighboring province ...

Brazil Won’t Let the Gringos Win Olympic Medals, Says Brazilian President

During the inauguration of a remodeled sports and cultural complex at Mangueira's Olympic Village ...