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

  • Canada invests in Peel Region transit 
    February 3, 2021
    Projects in Southern Ontario include low-emission buses and e-fare collection system
    Read More
  • Adaptive traffic control drives financial benefits
    July 24, 2012
    Prof. Klaus Banse, President of ITS Colombia and Ing. Robert Miranda, Head of the Traffic Management and Control System of Cartagena de Indias, Columbia, outline early cost benefits of an adaptive traffic control system. At the beginning of this year, Cartagena de Indias, located on the north coast of Colombia in the Caribbean, implemented a new adaptive traffic control system on 52 intersections with an investment of US$4.5 million.
    Read More
  • ‘Shining moment of opportunity for tolling’
    May 5, 2021
    Climate change is already affecting tolling operations in many parts of the world. IBTTA’s Bill Cramer explains how the sector can be seen as a proven funding and financing mechanism for surface transportation
    Read More
  • Speeding the recovery of stranded commercial vehicles is paying dividends in Georgia
    April 9, 2014
    Delcan’s Cheryl-Marie Hansberger details how Georgia’s Towing and Recovery Incentive Program (TRIP) has improved road safety and helped to reduce traffic congestion in the metro Atlanta region. By 2008, steady increases in population had led the Texas Transportation Institute to declare Atlanta, Georgia to be the third most congested city in the US. In an effort to increase road user safety and mitigate the effects of traffic, the Georgia Department of Transportation (GDOT) and its local partners have imple
    Read More

Highlighted Content