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

  • Siemens PC Scoot deployed in Sao Paulo
    January 26, 2012
    The Municipality of Sao Paulo in Brazil has upgraded its urban traffic control (UTC) systems to Siemens PC Scoot Split Cycle Offset Optimisation Technique).
    Read More
  • Tolling is a ‘powerful tool to maintain and manage an infrastructure network’
    August 15, 2017
    Officials have recently moved to scrap tolls on several highways for the first time in 40 years, bucking a national trend toward more tolls on mostly urban roadways to shift the costs of transportation to those who use the roads, writes Associated Press. A regional authority voted this week to eliminate tolls on the Cesar Chavez Border Highway in El Paso. On the same day, Dallas city council rejected plans to build a toll road along the Trinity River. The council's action appears to be the death knell for a
    Read More
  • Ito World bike-share data comes to Google Maps
    July 21, 2020
    Riders will be able to use Maps to open bike-share apps to book and unlock a bike
    Read More
  • Thales awarded signalling contract for Brazil metro
    March 25, 2014
    Thales has been selected by metro operator CCR Metrô Bahia to provide a signalling solution for lines 1 and 2 of the new metro in Salvador, Brazil’s third largest city. Thales will deliver its world leading SelTrac communications-based train control (CBTC) signalling solution, providing fully automatic driverless operation. Lines 1 and 2 cover a combined distance of 31 kilometres and serve 19 stations. The new metro will be part of an integrated transportation system, serving Luiz Eduardo Magalhães
    Read More

Highlighted Content