Unable to Maintain Roads Brazil Puts Another 2600 Kms for Bid

The Brazilian government plans to place the administration of another 2600 kilometers of federal highways in private hands. The bidding process on seven highway stretches will begin in May.

The roads made available are in the states of Minas Gerais, São Paulo, Rio de Janeiro, Espí­rito Santo, Paraná, and Santa Catarina.  The contracts should be signed by the end of the first semester, and toll stations are expected to start operating early in 2007.

The general director of the National Land Transportation Agency (ANTT), José Alexandre Rezende, informed that the federal and state governments "have difficulties in maintaining the highways, and the best highways in the country are presently administered by concessioners."

The population, he said, will receive the benefits of inexpensive tolls and regular maintenance.

The firms that present the winning bids, either individually or in the form of consortia, will invest around US$ 8.5 billion and will be granted 25-year concessions, eligible for extension. The firms will be responsible for highway maintenance and the construction of toll booths.

The concessioners, Rezende added, will also be accountable for environmental balance in the area of the highways, and they will be prohibited from transferring part of their concessions to other groups and making changes in financial control during the first three years of the contract.

Agência Brasil

Tags:

You May Also Like

Brazil’s Exchange Surplus Close to US$ 500 Million in July

The Brazilian flow of exchange ran a surplus of US$ 491 million up until ...

Brazil Uses IMF Clause to Fix Its Ports

Brazil’s Ministry of Transportation will invest US$ 157.1 million (427 million reais) this year ...

With Rousseff as Brazil’s President the Castros and Chavez Will Have a Lot to Celebrate

In a scene from my first book, Hugo Chávez: Oil, Politics and the Challenge ...

Not So Straight Ticket

It’s election time in Brazil and it is politics as usual, Brazilian-style, gravitating around ...

Finance Minister Sees Long Cycle of Growth for Brazil

Latin American ended mixed. While traders booked profits in Brazil, strength in the U.S. ...

Iraq Wants Brazil Participation in Country’s Reconstruction Effort

Iraq is planning to build 3.5 million popular housing units in seven years and ...

Best-seller Books, Plays and Movies

By RIO O Exercício (The Exercise)—How a couple of actors deal with their tension ...

Paraguay Accuses Lula of Making Promises He Can’t Honor and Calls Him Hypocrite

The president of Brazil, Luiz Inácio Lula da Silva, was called “arrogant hypocrite” by ...

Chief of BNDES Bank Guarantees Hot Economy for Brazil in Coming Months

The president of Brazil’s National Economic and Social Development Bank (BNDES), Guido Mantega, said ...

Apex, a Brazilian Agency that Helps Exporters with the Bottom Line

Companies from Brazil that participate in Brazilian Export and Investment Promotion Agency (Apex-Brasil) projects ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`