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Home News Brazil road auctions set for this quarter

Brazil road auctions set for this quarter

Sao Paulo state is due to auction the Sorocabana, the first concession, by the end of the month.

by David Arminas
October 14, 2024
in News
Reading Time: 1 min read
A A
Bidding in Brazil (image © Anouska Kay/Dreamstime)

Bidding in Brazil (image © Anouska Kay/Dreamstime)

At least seven road concessions are set to be auctioned in Brazil in before the end of this year, according to the newspaper Valor Economico.

Sao Paulo state is due to auction the Sorocabana, the first concession, on October 30 and involve US$1.74 billion investment. It will be followed by Rota do Zebu on October 31 with investment of around $870 million.

Nova Raposo with investments of $320 million will follow on November 28.

Mato Grosso do Sul and the federal government will auction Rota da Celulose for around $1.74 billion on December 5.

Rota Verde with investments of $720 million and the third batch of Rodovias do Parana with investments of $2 billion will be auctioned on December 12.

Finally, on December 19, the sixth batch of Estradas do Parana will be auctioned, with investments of $2.34 billion.

Categories: Finance & Funding

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