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

  • A new direction for the future of mobility?
    August 14, 2013
    Tesla and SpaceX CEO Elon Musk has unveiled his vision of a futuristic Hyperloop transport system this week, proposing to build a solar-powered network of crash-proof capsules that would whisk people from San Francisco to Los Angeles in half an hour. Musk says the Hyperloop is expected to be a closed-tube transport system not unlike the pneumatic delivery systems found in some old buildings, which use a pulse of air to move a capsule and cargo to a designated location. Based on what he has revealed to date,
    Read More
  • ITS projects deliver return on investment
    December 3, 2012
    Light is being shed on where the real return on investment is today – growing, tangible, revenue-generating markets like ITS. There is a great deal of investment going on within the ITS space, and a great deal of external interest in investing in ITS,” says Scott Belcher, President and CEO of ITS America, which has been connecting investors with technology firms ripe for investment. Interested parties include the leading investment banking firm Raymond James. Its managing director, Gary Downing says: “ITS i
    Read More
  • Heathrow’s Ultra Pod technology joins GATEway driverless car pilot
    January 29, 2016
    British companies Westfield Sportscars, Heathrow Enterprises and Oxbotica have joined the GATEway (Greenwich Automated Transport Environment) project in Greenwich and are currently developing driverless shuttles for operation in Greenwich in summer 2016. Using entirely British engineering and software capabilities, the new consortium members will be developing the existing UltraPods currently in service at Heathrow Airport into fully autonomous and electric passenger shuttles. Operating at Terminal 5 for ne
    Read More
  • Rio de Janeiro BRT win for Optibus
    November 11, 2022
    Brazil's second city is adding hundreds of buses and new routes to its BRT network
    Read More

Highlighted Content