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

  • Schneider Electric to acquire Telvent for $2 billion
    January 27, 2012
    Schneider Electric has signed a definitive agreement with Telvent GIT to make a cash tender offer for all of Telvent's shares at a price of $40 per share, which represents a premium of 36% to Telvent's average share price over the last 3 months.
    Read More
  • Ex-USDoT bosses urge Congress to reauthorise Fast 
    March 25, 2020
    The Metropolitan Civic Leadership Alliance is calling on US Congress to reauthorise the Fixing America’s Surface Transportation (Fast) Act which is set to expire this autumn. 
    Read More
  • Thales awarded first metro signalling contract in Brazil
    March 27, 2012
    Thales has been selected by Andrade Gutierrez (AG) and CR Almeida to deliver its SelTrac communications-based train control (CBTC) signalling solution for Line 17 of the São Paulo metro. The new line will be driverless and fully automatic. The first phase of implementation is planned to support the 2014 FIFA World Cup, with completion scheduled for August 2014, a record delivery time of just 27 months. The new 18km elevated line will be built by a consortium led by Andrade Gutierrez (AG) and including CR Al
    Read More
  • Cellular communications drive the way forward for tolling
    January 18, 2012
    For more than 20 years prior to joining the ITS industry, Mike Payne of Idris, part of Federal Signal Technologies, worked for Vodafone - the world's biggest mobile operator. Here, he considers how the road tolling sector can grow and learn from the cellular industry. The global cellphone has been one of the most successful collaborative technology projects in the last 30 years. Mobile phone technology developed throughout the 20th century with the first public service in the early 70s. This was followed by
    Read More

Highlighted Content