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

  • September 9, 2014
    São Paulo unifies traffic data and services
    The Agência de Transporte do Estado de São Paulo (ARTESP), which oversees public transportation for the State of São Paulo, Brazil, has opened its Information Control Centre, designed to help ensure the quality of service provided by local operators of the state's highways. The centre will unify traffic data, incident management and service delivery through the use of advanced analytics to help ensure safer and more efficient travel for a population of 20 million across 271 cities. The new system, built
    Read More
  • March 3, 2014
    New USDOT report points to need for more investment in highways, transit
    US Transportation Secretary Anthony Foxx has announced that a new report on the state of America's transportation infrastructure, 2013 Status of the Nation's Highways, Bridges and Transit: Conditions and Performance, confirms that more investment is needed to maintain and improve the nation's highway and transit systems. Last month, Secretary Foxx highlighted the need for transportation investment in a speech that took aim at America’s infrastructure deficit and identified ways to use innovation and improv
    Read More
  • May 9, 2014
    Strabag investing in Irish motorway network
    Construction group Strabag, as part of the DirectRoute consortium, will finance, plan, build and operate the 57 kilometre long section of the Irish N17/N18 motorway between Gort and Tuam near Galwayon behalf of National Roads of Ireland. The public-private partnership (PPP) project has a total private sector investment value of about US$459 million.
    Read More
  • May 25, 2017
    New Zealand to invest in state highways, major road projects
    The New Zealand Government is to invest US$6.4 billion (NZ$9.17 billion) into New Zealand’s state highway network over the next four years through the New Zealand Transport Agency, Transport Minister Simon Bridges says. The government’s 2017 budget includes funding for the reinstatement of damaged sections of State Highway 1 between Picton and Christchurch following the Kaikōura earthquakes. It also includes many other key projects such as completion of Auckland’s ring road, Northern and Southern Corridor S
    Read More

Highlighted Content