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.

For more information on companies in this article

Related Content

  • Peru lines up road, rail concessions for 2015
    November 20, 2014
    Peru plans to award next year infrastructure concessions including rail and road projects. Hydro and thermal power plants and liquefied petroleum gas distribution in the capital are also being lined up, a senior government official has said. Concessions will include the fourth stretch of the Longitudinal de la Sierra highway, which calls for the construction, operation and maintenance of a 640 kilometre stretch of Peru's Longitudinal de la Sierra highway, connecting Huancayo, Izcuchaca, Mayoc and Ayacuch
    Read More
  • Tender issued for São Paulo monorail
    January 31, 2014
    Brazil's São Paulo state governor Geraldo Alckmin has announced a tender to concession the state capital's metro line 18, budgeted at around US$1.73b billion. The public-private partnership involves construction as well as the 25-year operation of the line, which will be a monorail stretching 15 kilometres between São Paulo city and the neighbouring ABC region, with 13 stations. The ABC region includes the cities of Santo André, São Bernardo do Campo and São Caetano do Sul. The new line will connect t
    Read More
  • Tenders in for Brazil’s highways
    September 17, 2013
    Brazil's national ground transport agency Agência Nacional de Transportes Terrestres (ANTT) has received eight bids for its US$1.34 billion BR-050 federal highway concession between the states of Goiás and Minas Gerais. The thirty-year concession involves the construction of the BR-050 highway, including restoration, maintenance, road widening and other improvements to provide a 437 kilometre highway along the Minas Gerais and São Paulo border, with six toll booths.
    Read More
  • Vinci signs off first Brazil highway concession acquisition
    May 15, 2023
    Stake in Entrevias marks Vinci Concessions' plan to grow in Latin America's biggest economy
    Read More

Highlighted Content