Skip to main content

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 6, 2012
    Land of ITS opportunities
    Geographically, Russia, the largest country in the world, is vast. So too are the opportunities for the global ITS community, which is why ITS Russia has been actively promoting the country and the opportunities that abound there
  • June 30, 2017
    Government publishes programme of upgrades to major roads and motorways
    The UK government has unveiled a US$8 billion (£6.1 billion) programme of road improvements as part of its US$30 billion (£23 billion) upgrade to the road network in England.
  • May 28, 2019
    Oxford University researcher wins ITF 2019 Award
    Oxford University’s Dr. Rafael H. M. Pereira has won the International Transport Forum’s (ITF) 2019 Young Researcher of the Year Award.
  • October 30, 2013
    HS2 ‘crucial to Britain’s future transport needs’
    Britain cannot meet its future transport needs without HS2, according to new evidence published by the government. Even with over US$80 billion of planned transport investment over the next six years the country’s railways will be overwhelmed. The strategic case for HS2 sets out in detail the need for a new railway line to provide the vitally needed extra capacity. Central to the case is new data that reveals the true extent of the crisis facing the UK rail network and the impact alternatives to buildin