USD706 million Contract awarded for Metro expansion PPP project in Brazil
30 March 2023
The governments of Brazil and the state of Minas Gerais have awarded the Comporte Participações consortium a concession to operate and maintain the Belo Horizonte Metro in Brazil.
Line 1, which will have 19 upgraded stations and run for 28.1 km from Belo Horizonte to Contagem, will be operated by Comporte. At Novo Eldorado in Contagem, a new station will be constructed. The obligation of completing the construction of Line 2, spanning 10.5 km from Calafate to Barreiro, including 7 stations, will fall on the concessionaire. The 1st segment of Line 2 is anticipated to begin operations in 2026, which will be the 4th year of the concession, and the entire route is scheduled to be finished by 2028.
The entire investment required during the 30-year duration of the concession agreement amounts to BRL3.7 billion (US$706 million), comprising BRL3.2 billion (US$610 million) in public funding, where BRL2.8 billion (US$534 million) will be provided by the federal government and BRL440 million (US$83 million) will be funded by the government of Minas Gerais state.
Related
-
VinSpeed teams up with Siemens Mobility for Vietnam high-speed rail project
12 February 2026
-
Axpo, Enhol sign ten-year PPA for 3.7TWh in Spain
12 February 2026
-
Vinci lands €144m Jamaica water job
10 February 2026
-
Etihad Rail awards multibillion-dollar high-speed rail contracts
7 February 2026
-
Riyadh qualifies six groups for One-Stop Stations PPP
3 February 2026
-
Contractors submit Riyadh Metro Line 7 bids
3 February 2026


京公网安备
11010802030424号
京ICP备19046776号-2