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.

For more information on companies in this article

Related Content

  • Sanef wins Mersey Gateway Bridge Free Flow toll system
    April 28, 2014
    Sanef Group has announced the financial close of the Mersey Gateway project in the UK, after Halton Borough Council signed agreements with the Merseylink consortium for the construction and the maintenance of the new bridge and its associated toll system, as well as for the toll operation and demand management.
  • EV charging infrastructure market predicted to grow by almost 50 per cent by 2025
    May 19, 2017
    The global electric vehicle charging infrastructure market is expected to reach US$45.59 billion by 2025, growing at a CAGR of 46.8 per cent from 2017 to 2025, according to a new report by Grand View Research. Governments around the world are encouraging the adoption of electric vehicles and incentive programs, such as tax rebates, grants, and subsidies, have been launched to promote the same. The increasing adoption of electric vehicles is expected to be more in the passenger cars segment, in comparison wi
  • Middle East Looks to road charging for congestion relief
    January 26, 2012
    On the eve of the Gulf Traffic show in Dubai, ITS Arab secretary general and Innova Consulting managing director Zeina Nazer reviews prospects for road user charging in the Middle East and North Africa
  • 2015 UITP Global Public Transport Awards announced
    June 12, 2015
    The winners of the 2015 Global Public Transport Awards were announced yesterday evening at the 61st UITP World Congress & Exhibition in Milan, Italy. The International Association of Public Transport (UITP) Awards acknowledge ambitious and innovative mobility projects that contribute towards meeting the sector goal of doubling the market share of public transport by 2025.