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

  • Latin America ‘needs major investment in mass transit’
    June 10, 2014
    Latin America needs to invest heavily in mass transport services to improve living standards in urban areas, according to Norman Anderson, CEO of US-based consulting firm CG/LA Infrastructure. "Unless there is mobility, it's hard to imagine cities being successful, cities being creative, so one of the things we emphasised, and we think is really important, is the whole mobility issue," Anderson said in an interview. In its most recent report on strategic infrastructure projects in Latin America, CG/L
    Read More
  • Remote remedies help US authorities identify bridge deficiencies
    September 6, 2017
    Every day 185 million vehicles – cars, trucks, school buses, emergency response units - cross one or more of America’s 55,710 'structurally compromised' steel and concrete road bridges, the highest concentration of which are in Iowa (nearly 5,000), Pennsylvania and Oklahoma. Nearly 2,000 of these crossings are located on interstate highways, according to the American Road and Transportation Builders Association's recent analysis of the US Department of Transportation's 2016 National Bridge Inventory.
    Read More
  • IBTTA, ITS America applaud long term FAST Act
    December 2, 2015
    The International Bridge, Toll and Turnpike Association (IBTTA) and ITS America have applauded Congressional committee members on reaching agreement on a long-term surface transportation bill.
    Read More
  • Expert calls for high-tech traffic control
    November 29, 2012
    A leading Chinese transportation expert has called for China to develop smart traffic technologies that are more customer-oriented, while boosting greener, safer and more efficient modern transportation in the country. "China's ITS applications should shift their focus to provide more solutions for public transportation in the next decade, and the industry should get a new stimulus by responding to the needs of the market," said Wang Xiaojing, chief engineer at the Research Institute of Highway under the Mi
    Read More

Highlighted Content