Brazil's Odebrecht to invest in infrastructure

Brazil's Odebrecht group is planning to invest some US$18billion in infrastructure projects by 2017. According to CEO Marcelo Odebrecht, the company will invest US$4.5 to US$7 billion per year over the next three years and much of it involves concessions and public-private partnerships (PPP), according to local reports. Through Odebrecht Transport, the company will be investing in transportation infrastructure projects such as federal highway BR-163 in the mid-western state of Mato Grosso, Galeão int
April 9, 2014 Read time: 1 min
Brazil's 4740 Odebrecht group is planning to invest some US$18billion in infrastructure projects by 2017.

According to CEO Marcelo Odebrecht, the company will invest US$4.5 to US$7 billion per year over the next three years and much of it involves concessions and public-private partnerships (PPP), according to local reports.

Through Odebrecht Transport, the company will be investing in transportation infrastructure projects such as federal highway BR-163 in the mid-western state of Mato Grosso, Galeão international airport in Rio de Janeiro, and metro line 6-Laranga (Orange line) in the city of São Paulo.

The group is also expected to be named soon as the winner of a PPP involving state highway PR-323 in the southern state of Paraná.

Related Content

  • February 13, 2018
    Trump unveils U.S. infrastructure investment
    U.S. president Donald Trump has announced that he wants Congress to approve $200bn (£144bn) bill, which he said will stimulate another $1.3tn (£9bn) in improvements as part of his plan to fix the country’s infrastructure. One intention of the proposal is to eliminate regulatory barriers and offer more flexibility to transportation projects that are currently required to seek Federal review and approval. $100bn (£72bn) of the proposed bill will create an Incentives Program to spur additional dedicated fund
    Read More
  • December 3, 2012
    ITS projects deliver return on investment
    Light is being shed on where the real return on investment is today – growing, tangible, revenue-generating markets like ITS. There is a great deal of investment going on within the ITS space, and a great deal of external interest in investing in ITS,” says Scott Belcher, President and CEO of ITS America, which has been connecting investors with technology firms ripe for investment. Interested parties include the leading investment banking firm Raymond James. Its managing director, Gary Downing says: “ITS i
    Read More
  • June 29, 2016
    Sony helps Rio get a better view of the Olympics
    With the Olympics approaching, Sony’s Stephane Clauss examines how the latest camera technologies can help cities cope with the huge crowds attending major events. This August will see more than 10,000 athletes head to Rio de Janeiro for the Olympics Games. Alongside them will be their coaching staff, a hoard of logistics teams, thousands of volunteer marshals (London 2012 had 70,000) and millions of spectators. All such major events have nervous jitters on the way to the opening ceremony. This year has see
    Read More
  • November 7, 2016
    UK’S infrastructure on the up, but now it’s all about delivery – CBI/AECOM
    Almost half of firms believe the UK’s infrastructure has improved over the past five years, but only a quarter think it will pick up in the next five years, and two thirds suspect it will hamper the country’s international competitiveness in the coming decades, according to the 2016 CBI/AECOM Infrastructure Survey.
    Read More

Highlighted Content