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

  • Lagos BRT opts for Optibus and CapitalCore
    September 20, 2024
    Nigerian capital’s bus rapid transit system will switch to a fully-digital platform
    Read More
  • Ferrovial consortium to build I-77 HOT lanes
    June 30, 2014
    Cintra, a US subsidiary of Spanish infrastructure firm Ferrovial, is to be responsible for the development of the I-77 HOT Lanes Project led by the North Carolina Department of Transportation (NCDOT). The US$655 million project, extending 26 miles from the I-77 connection with I-277 in Charlotte to the intersection with NC 150 in Iredell County, will enhance traffic connectivity between residential areas along the corridor and downtown Charlotte. The project includes the development of high occupancy tol
    Read More
  • Moody's: tolls will have a greater role in closing US highway funding gap
    April 28, 2017
    In light of stagnant federal funding and limited capacity for states to increase spending, toll roads will play an increasing role in addressing the funding gap for road and bridge infrastructure needs in the US, according to a new report from Moody's Investors Service. Based on historical trends, Moody's projects more toll roads and increased tolling in areas with existing traffic congestion and growing economies, population and per capita income. The 2017 Infrastructure Report Card by the American Society
    Read More
  • USDoT pilots show win-win potential for connected vehicles
    December 19, 2017
    Pete Goldin discovers the state of play with connected vehicles trials in the US and the impact of Hurricane Irma on Tampa’s pilot. The US Department of Transportation’s (USDoT’s) connected vehicle (CV) pilot sites have moved into phase 2 of the deployment programme– design, build, test and, maybe most importantly, collaborate.
    Read More

Highlighted Content