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

  • New world record for fastest car on ice
    March 1, 2012
    A new world record for the fastest car on ice has been set this week by Nokian Tyres' test driver Janne Laitinen who drove 331.610 km/h (206.05 mph) on the Gulf of Bothnia in Oulu, Finland.
    Read More
  • House proposes US$10.5 billion eight-month highway bill
    July 10, 2014
    The US Government House Ways and Means Committee is proposing a US$10.5 billion, eight-month transportation funding bill to push the debate over road and transit spending into the next Congress. The proposal, which calls for a temporary extension of current transportation funding levels until 31 May 2015, comes as lawmakers try to come up with a way to replenish the Department of Transportation's depleted Highway Trust Fund before a predicted August bankruptcy date. The traditional funding source fo
    Read More
  • UK needs new freight strategy says report
    June 22, 2016
    The Institution of Mechanical Engineers is calling for the UK Government to urgently introduce a national multi-modal freight strategy in a move to ease traffic congestion, improve air quality and boost the economy. According to its report ‘UK freight: in for the long haul’ up to 30 per cent of all haulage vehicles on UK roads are empty and about 150 million miles are driven unnecessarily by lorry drivers. It claims a national strategy could outline plans to make better use of urban consolidation centres
    Read More
  • Bogota's metro tender delayed
    July 25, 2014
    The tender for Bogota, Colombia’s decades-long and much-delayed first metro line has been pushed to the first quarter of 2015 following expansion of the US$3.6 billion project. The original project included the construction of the first line of Bogota’s 26.5 kilometre long metro, which would have 28 stations and be used by around 600,000 people a day. This is the first of four lines planned to be built in the next 30 years. The metro will complement the existing urban transport system by handling 50 p
    Read More

Highlighted Content