Vinci signs off first Brazil highway concession acquisition

Stake in Entrevias marks Vinci Concessions' plan to grow in Latin America's biggest economy
By Mike Woof May 15, 2023 Read time: 1 min
The two highway sections span a total of 570km across São Paulo State (image: Vinci Highways)

Vinci Highways has finalised the acquisition of its first highway concession in Brazil.

The firm has now acquired 55% of Entrevias, which holds the concessions for two toll highway sections in São Paulo State until 2047.

The Vinci Concessions subsidiary bought the 55% stake in Entrevias from Patria, a Brazilian fund.

These two highway sections span a total of 570km across São Paulo state, linking it to Minas Geiras State to the north and Paraná State to the south.

Together, the three states account for over 40% of Brazil's GDP.

In Q1 2023, Entrevias' network recorded 8.3 million transactions, 10% more than in Q1 2022 and 8% more than in Q1 2019.

The works to increase capacity on the southern section, which involve widening 210km from one-lane dual carriageway to two-lane dual carriageway, are expected to be completed by the end of 2025 and support traffic growth.

Vinci Concessions plans to grow its operation in Latin America's largest economy. 

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