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

  • April 22, 2014
    Latin America projected to invest in metro systems
    Latin American countries are expected to invest some US$40 billion in metro projects by 2025, according to a report from the Inter-American Development Bank (IDB). "In total, they will build or expand more than US$40bn in 20 projects," stated the report entitled Latin America and the Caribbean in 2025. The report, Latin America and the Caribbean 2015, indicates that some of the projects include construction of line 3 and line 6 in Chilean capital Santiago's subway, expansion of Brazil's São Paulo met
  • November 24, 2021
    ST wins Taiwan and Rio smart city projects 
    ST is undertaking a $445m metro deal in Kaohsiung City and an IoT project in Brazil 
  • June 20, 2013
    Rio de Janeiro launches electric car partnership
    A memorandum of understanding (MoU) has been signed by the Rio de Janeiro State Government and leaders from Brazil's public-private sectors to accelerate zero-emission transportation in Rio de Janeiro. The partners for this historic deal are Renault-Nissan Alliance, Petrobras Distribuidora, Light, Ampla and Rio Negocios.
  • February 7, 2014
    Peru prequalifies three consortiums for Lima metro line 2
    Peru's private investment promotion agency ProInversión has prequalified three consortiums for the US$5.70 billion construction, operation and maintenance of line 2 of Lima's metro. Technical and economic offers are still due by 21 February, with ProInversión aiming to award the tender for the 35-year concession on 28 February. The consortiums are: Consorcio Nuevo Metro de Lima, comprised of Spain's ACS and FCC, Italian companies Impregilo and AnsaldoBreda and Peru's Cosapi; Consorcio Metro Subterráneo