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Financial News: BRAZIL: São Paulo State Government Calls Bidders For

BRAZIL: São Paulo State Government Calls Bidders For Rodoanel Northern Section

10/05/2017 - 19:47:00 (RTTNews)

(RTTNews) - The São Paulo state government published in the local Official Gazette the public notice for the concession of the so-called Rodoanel Northern section. The auction was scheduled for January 10, at B3 headquarters. The bidding will be granted to the largest offer.

The Rodoanel is a major infrastructure project aimed at form a 180-kilometer road ring around São Paulo city, connecting all the ten highways to and from the largest city in Brazil.

The stretch to be conceded will have 47.6 kilometers of axis and accesses, connecting the Western and Eastern sections of the Rodoanel through the north of the city, leading to its conclusion nearly 20 years after its launch.

The new section of the highway will connect, among other things, the Port of Santos to the Guarulhos Airport, making this connection possible without going through the traffic-jammed São Paulo city.

In a statement, the São Paulo State Transport Agency (Artesp) said that it would present, on October 24, the concession project for the implementation of four service stations with rest areas for truck drivers along the entire Rodoanel. The concession brings requirements to the winner who must make investments in equipment, works, operation and medical and mechanical relief over the 30 years contract.

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