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

  • Latest ITS technology upgrades India's toll systems
    November 13, 2012
    An ambitious programme of new and upgraded interoperable toll systems has been launched in India, featuring far-reaching technology developments. David Crawford reports. In April this year, Indian Union Minister for Road Transport & Highways CP Joshi inaugurated a new era of electronic toll collection (ETC) in India when he unveiled the country’s first RFID-based tolling installation. This was at a recently-completed plaza at Chandimandir, near the city of Panchkula in the northern state of Haryana. The sys
    Read More
  • Speed up pace of infrastructure action, say two thirds of businesses
    October 29, 2015
    The majority of businesses (62 per cent) are concerned with the pace of progress on the delivery of infrastructure projects, and over half (53 per cent) believe they won’t see necessary upgrades in the next five years, according to the 2015 CBI/AECOM Infrastructure Survey. With 94 per cent of the 722 firms surveyed saying the quality of infrastructure is a key deciding factor in planning their investments, CBI/AECOM believe there is clear consensus on the need to speed up the delivery of projects crucia
    Read More
  • Banks' statement aims to cut road deaths
    November 23, 2020
    Pledge from world's bankers aimed at reducing the 1.25 million lives lost on roads each year
    Read More
  • Spreading the word about Bike Share in the US
    April 19, 2016
    Smart bike share technology and funding policies help bridge the transit gap through the final mile as Andrew Bardin Williams explains. The sharing economy is coming to Portland this summer. BikeTown, the city’s new bike share program sponsored by Nike, will be launched in mid-July with 1,000 bicycles distributed across 100 stations throughout the city. Originally funded by a $2 million federal grant, the program has been boosted by a $10 million sponsorship deal with Nike ensures funding for the next five
    Read More

Highlighted Content