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

  • Inrix informs FHWA’s data improvements
    December 19, 2017
    Refinements in the data available from the US Federal Highway Administration will improve road management across America. David Crawford reports. In August 2017, the US Federal Highway Administration (FHWA) issued the first results from an upgraded version of its National Performance Management Research Data Set (NPMRDS). Developed to identify the locations and times of high congestion affecting traffic flows along America’s 259,000km (161,000 mile) national highway system, this is a key resource for sta
  • Bolivia expands cable car network
    December 5, 2014
    Bolivia aims to start work on the first of five new cable car lines in the capital next year, part of US$2.5 billion planned investment in infrastructure projects in 2015. The La Paz-El Alto cable car system's second phase, which includes an investment of US$450 million for the five new lines, will be completed by 2020, said César Dockweiler, CEO of state-owned operator Mi Teleférico. Bolivia's government plans to increase its 2015 public spending budget 37% to US$6.18bn, economy minister Luis Arce sa
  • Penang rolls out transport master plan
    February 18, 2015
    Six companies have been shortlisted as potential project delivery partners in the US$7.5 billion Penang Transport Master Plan (PTMP), which is to be rolled out in stages from 2017. The plan aims to resolve traffic woes in the state, especially on the island. It involves massive infrastructure works and a comprehensive public transport system incorporating light rail transit, trams, buses and catamarans, expanding roads and building new highways. It also includes five new intra-state highways and an undersea
  • Australian ITS summit focus on safety, congestion, sustainability
    July 24, 2012
    From 18-20 November 2009, the Australian Intelligent Transport Systems Summit will be held in Melbourne. Tim Pallas, Victorian Minister for Roads and Ports sets the scene and explains its objectives. Co-hosted by the Victorian Government and ITS Australia, the Australian Intelligent Transport Systems Summit (ITS 09), being held at the Melbourne Convention & Exhibition Centre, is expected to attract in excess of 300 delegates with presentations and workshops providing a comprehensive update of ITS technologi