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

  • 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
    Read More
  • Ohio kicks off US$2.5 billion highway construction season
    April 11, 2014
    The Ohio government recently outlined the scope of the 2014 highway construction projects to be financed with funds borrowed against future Ohio Turnpike tolls. In total, 936 projects are planned at an estimated cost of US$2.5 billion. Planned projects include the widening of a section of I-75, a three-year project expected to cost about US$260 million, plus a US$28 million reconstruction of part of I-75, US$31 million in improvements to I-475/US 23 in Toledo's western suburbs, and the US$18 million McCo
    Read More
  • Australia’s infrastructure spending plans
    May 14, 2014
    In its federal budget announced on 13 May 2014, the Australian government announced plans for new infrastructure projects costing US$117.04 billion to keep the economy going after the mining boom ends. The new funding and existing projects are expected to boost infrastructure investment to US$47 billion by end of the decade. The government will invest US$11 billion to fast track infrastructure projects including US$3.4 billion for road projects, US$4.6 billion to asset-recycling fund for states and US$2.
    Read More
  • US updates ITS strategy for Connected Vehicle deployment
    March 16, 2015
    Jon Masters looks at the USDOT’s new ITS Strategic Plan for the next five years. Emphasis and direction for the next five years of Government led ITS research in the United States has been framed within a new ITS Strategic Plan. The US Department for Transportation’s (USDOT) ITS Joint Program Office (JPO) published the report at the tail end of 2014 after concluding a two-year ITS industry consultation process. The Plan identifies a vision to transform the way society moves and the ITS JPO’s aim of advancin
    Read More

Highlighted Content