Brazil to auction USD1.24 billion Highway Concession
7 June 2022
The State Government of Pará plans to hold an auction for the concession of the PA-150 highway, a 552-kilometer logistic corridor that connects the south and southeast regions of the State to the Metropolitan Region of Belém, Brazil.The project involves the development of a 70 km double-track; a 250 kilometer shoulder and a 70 kilometer third lane. The highway will pass through Marabá, Nova Ipixuna, Jacundá, Goianésia do Pará, Breu Branco, Moju, Thailand, Acará, Moju, Abaetetuba and Marituba municipalities. The project includes a BRL6 billion (US$1.24 billion) contract with a concession period of 30 years.
The auction will be held this month at the São Paulo Stock Exchange (B3 ) and the Port of Vila do Conde, in Barcarena.
Related
-
Strabag to build Slovenia’s tallest office building
8 October 2025
-
CPB Contractors to build Australian primary school
6 October 2025
-
Eni to invest $8bn in Egypt’s energy sector
1 October 2025
-
China’s Asia-Potash plans $1.6bln fertiliser complex in Algeria
30 September 2025
-
Qatar’s UCC Holding announces the launch of Damascus International Airport Project
29 September 2025
-
Wabtec secures $4.2bn locomotive order from Kazakhstan
29 September 2025