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

  • MPs urge more investment in UK roads
    May 8, 2014
    Joined-up planning for both passenger and freight traffic across the UK’s road and rail infrastructure is crucial for future prosperity, warn MPs in two new reports. Effective regulation and long-term funding plans are essential for investment in the strategic road network.
    Read More
  • Paris metro world first inaugurated today
    March 23, 2012
    Pierre Mongin, chairman and CEO of RATP has today inaugurated the commissioning of the first automatic trains on Line 1 of the Paris metro in the presence of Nathalie Kosciusko-Morizet, minister for ecology, sustainable development, transportation and housing and Jean-Paul Huchon, president of the regional council of Île-de-France.
    Read More
  • Transport MEPs set out steps to achieve transport roadmap goals
    July 15, 2015
    To ensure the competitiveness and sustainability of EU transport, concrete measures are still needed, said MEPs in a report adopted in the Transport and Tourism Committee (TRAN) this week and intended to feed into the Commission review of the 2011 White Paper on Transport. Further efforts to boost air, road, rail and maritime transport, reduce road injuries and close loopholes in passenger rights legislation should be made, they add. The transport sector is a driving force of the EU economy and should
    Read More
  • Colombia kicks off second wave of 4G highway plan
    December 16, 2014
    Colombia has published the pre-bid documents for the first concession under the second wave of the country's US$25 billion 4G highway plan, the 202 kilometre Puerta de Hierro-Palmar de Varela highway. Located in northern Colombia, the highway runs through the departments of Sucre, Atlántico and Bolívar. The project entails US$187 million improvement works on 175 kilometres, with construction estimated to take three years, said vice president Germán Vargas Lleras. The works are to be followed by a main
    Read More

Highlighted Content