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

  • April 10, 2014
    Brazil tenders interstate bus concession in Goiás
    Brazil's national ground transport agency ANTT has launched a four-lot tender budgeted at US$2.55 billion to operate an interstate bus system in and around the nation's capital for 15 years. The public-private partnership involves interconnecting eleven municipalities in the mid-western state of Goiás to several of the federal district's administrative regions. The entire network is comprised of 551 bus lines in 33 sectors that transport some 90 million passengers per year, ANTT says. The tender stip
    Read More
  • July 15, 2016
    EBRD finances road repairs and upgrades in Eastern Europe
    The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to US$86 million (€65 million) to Bosnia and Herzegovina to support an infrastructure programme aimed at repairing and upgrading the country’s road network, which has been damaged by severe floods in recent years. The improvements to the network will support regional connectivity, making it easier for domestic companies to transport their products to local and regional customers. Supporting regional integratio
    Read More
  • November 28, 2014
    Egis expands in Brazil
    International engineering group Egis has furthered its development strategy with the acquisition of Sao Paulo-based engineering firm Lenc. The acquisition allows Egis to become one of the foremost engineering firms in Brazil, offering a comprehensive range of services in urban development, regional planning and multi-modal transport, whilst also consolidating its international business activities in one of the most promising countries in the world. Established in 1975, Lenc is one of the leaders in th
    Read More
  • August 7, 2013
    Sao Paulo gets first free flow toll system
    Brazilian highway concessionaire Renovias has rolled out the first free-flow tolling system in Sao Paulo, Brazil, enabling vehicles to travel at constant speeds along the freeway and enjoy a reduction in travel times. Schneider Electric installed its SmartMobility free-flow toll system, designed to handle electronic toll collection without vehicles having to stop in order to make toll payment. The system also provides vehicle detection via its simultaneous double tag reading system and front and rear licenc
    Read More

Highlighted Content