New São Paulo airport approved

Brazil's lower house has approved plans to build a new US$1.97 billion airport in São Paulo state.
December 22, 2014 Read time: 1 min

Brazil's lower house has approved plans to build a new US$1.97 billion airport in São Paulo state.

The Novo Aeroporto de São Paulo, or NASP, was approved through provisional measure MP-656 as part of regional aviation development program PDAR, local paper Valor Econômico reported. The measure must now be approved by the senate.

Plans for the new airport include two 3.5 kilometre runways, a 340,000 sq m passenger terminal and a 70,000 sq m cargo terminal. It is anticipated that the airport will handle 48 million passengers per year.

The project is expected to be financed by Brazil's national development bank BNDES, the World Bank, and other financial institutions such as Citibank and Credit Suisse.

Related Content

  • AAR commends Congress on positive train control extension
    October 29, 2015
    Association of American Railroads (AAR) president and CEO, Edward R. Hamberger applauded the bipartisan votes by lawmakers in the House and Senate to extend the deadline for Positive Train Control (PTC). "Members of the House and Senate are to be commended for taking the responsible action to extend the PTC deadline. This provides the certainty American industries and businesses need to serve the millions of Americans who rely on rail every day," said Hamberger. "The extension means freight and passenger
    Read More
  • The great pay divide
    April 2, 2014
    Public acceptance is crucial for the acceptance of managed and express lanes as Jon Masters discovers. Lists of proposed highway expansion projects introducing variably priced toll lanes continue to lengthen. Managed lanes, or express lanes to some, are gaining support as a politically favourable way of adding capacity and reducing acute congestion on principal highways. In Florida, for example, the managed lanes on the 95 Express are claimed to have significantly increased average peak-time speeds on tolle
    Read More
  • Ohio Turnpike infrastructure project funds
    September 17, 2013
    The Ohio Turnpike and Infrastructure Commission (OTIC) has approved the US$930 million funding needed for ten projects in northern Ohio, each within twenty miles of the turnpike. The 241 mile-long, limited-access toll highway serves as a primary corridor to Chicago and Pittsburgh.
    Read More
  • Tolls to help fund improvements to the Brent Spence Bridge
    January 29, 2015
    The International Bridge, Tunnel and Turnpike Association (IBTTA) has applauded Governors Beshear (Kentucky) and Kasich (Ohio) following their announcement that they plan to use tolls to pay for at least part of the US$2.63 billion Brent Spence Bridge replacement. Brent Spence Bridge is a double deck, cantilevered truss bridge that carries Interstates 71 and 75 across the Ohio River between Covington, Kentucky and Cincinnati, Ohio. Originally designed to carry 80,000 vehicles per day, approximately 172,0
    Read More

Highlighted Content