Brazil to launch US$50 billion in infrastructure tenders

Brazil's federal government is expecting to launch some US$49.7 billion in tenders for infrastructure projects within the next few months. According to the finance ministry's deputy secretary of economic affairs Leonardo Lima Machado, some of the tenders will be for highway, railway, and port concession projects, local daily Valor Econômico reported. Other tenders are expected for electrical energy and telecommunications, Machado said during an infrastructure roundtable at São Paulo state industry fe
May 30, 2014 Read time: 1 min
Brazil's federal government is expecting to launch some US$49.7 billion in tenders for infrastructure projects within the next few months.

According to the finance ministry's deputy secretary of economic affairs Leonardo Lima Machado, some of the tenders will be for highway, railway, and port concession projects, local daily Valor Econômico reported.

Other tenders are expected for electrical energy and telecommunications, Machado said during an infrastructure roundtable at São Paulo state industry federation Fiesp.

For energy, one of the main tenders expected is for the 800MW São Luiz do Tapajós plant on the Xingu river. For telecommunications, telecoms regulator Anatel is expected to tender the 700MHz band for 4G mobile internet.

To help release investments, long-term bonds need to be offered to assist the role of national development bank BNDES, according to economist Francisco Luiz Cazeiro Lopreato of Campinas University.

Related Content

  • When caring about sharing is good business for US automakers
    October 28, 2015
    Although car-sharing and ride-sharing could drastically reduce car sales, David Crawford finds some US automakers are keen to participate in the sharing economy. Growing consumer interest in car- and ride-sharing, as opposed to outright ownership, and ride-sharer Uber’s recently stated intention to make its brand competitive with ownership on cost, are making the major US automotive manufacturers think seriously about their future sales prospects. Some have already begun exploring ways of entering the field
    Read More
  • How public transit improves quality of life
    June 29, 2022
    There are various reasons why Mobility as a Service is catching on more in Europe than the US – but there are still other ways in which access to mobility can be improved across the states, finds Gordon Feller
    Read More
  • Road and rail projects to boost local and regional transport
    December 13, 2013
    Dozens of UK towns and cities are set to benefit from government funding to tackle congested local roads and improve key points in the strategic road network, as well as new initiatives to drive forward rail electrification. Measures announced by Transport Secretary Patrick McLoughlin include US$80 million from the Local Pinch Point Fund for 25 congestion-busting local roads schemes, building on 87 already announced this year; confirmation of nearly US$181 million for the M6-Heysham link road, along with
    Read More
  • Congressmen debate funding at ITS America breakfast
    June 2, 2015
    The need for sustainable surface transportation funding was debated at the Legislative Breakfast held on the first day of ITS America’s 2015 Annual Meeting & Expo. There was unanimity between congressmen Tim Murphy (R-PA), Bill Johnson (R-OH) and Keith Rothfus (R-PA) that the current two-month extension to MAP-21 of the Highway Trust Fund was highly unsatisfactory – indeed Johnson described the last few years as a string of “Band-Aid fixes”. All agreed that a long-term sustainable solution is required, alth
    Read More

Highlighted Content