Brazil’s Agencia Nacional de Transportes Terrestres (ANTT) has been approved to move forward with the concession for a 970-kilometer (602-mile) road project in Brazil, according to InfraPPP.
Work will involve services for recovery, operation, maintenance, monitoring and implementation of improvements on major stretches of highway running between BR-163/230/MT/PA from Sinop in the state of Mata Groso to the ports in Miritituba, located in the state of Para.
InfraPPP reported that an additional 35 kilometers (21.7 miles) of lanes, 30 kilometers (18 miles) of marginal roads, 173 kilometers (107 miles) of extension, and 187 accesses will be implemented as part of the project, including a new entrance to the ports of Miritituba.
The project will be carried out under a public-private partnership model for a concession period of 10 years. The expected CAPEX investment is BRL1.93 billion ($337 million).
