Ecorodovias buys Rio-Valadares road system with a unique proposal

Ecorodovias purchased the highway system of the BR-116/493/465/RJ/MG, which connects the city of Rio de Janeiro (RJ) to Governador Valadares (MG). As the only bidder, the company proposed a discount on the basic toll rate of 3.11%.

The auction proposals were classified based on the discount criteria for the basic toll rate. Written proposals should contemplate the offer of a discount amount on the basic toll rate, the maximum amount being 17.10%.

The auction took place this Friday (20), at 2 pm, at B3, in São Paulo.

The planned investment is R$ 11.3 billion over the 30-year duration of the new administrator’s contract. The concession should also generate more than 150,000 direct, indirect and income-effect jobs.

According to the Ministry of Infrastructure, the region is considered strategic due to the length of 726.9 kilometers and the volume of traffic. It deals with the only route, from the state capital, available to bypass the Guanabara Bay, allowing access to the Lagos region, to the north of the state, and to the North and Northeast regions of the country.

Rio-Valadares crosses 37 municipalities along its entire length, being 22 in Minas Gerais and 15 in Rio de Janeiro.

News

Toll tariffs will be progressively reduced according to the model adopted for the new contract, which also establishes the adoption of the free flow system of charging for free passage in the Metropolitan Region of RJ from the sixth year of validity.

The Ministry of Infrastructure also announced that the project has 303.2 kilometers of duplication and 255.2 kilometers of additional lanes.

In addition, another 7.7 kilometers of capacity expansion was determined in the Serra de Teresópolis (RJ), with the objective of “promoting more safety, fluidity and a lower environmental impact in the region”, according to the ministry.

Source: CNN Brasil

You may also like

NZD/USD: Buy Buy Falls – OCBC
Markets
Joshua

NZD/USD: Buy Buy Falls – OCBC

The New Zealand Bank reserve (RBNZ) cut the OCR at 25 basic points up to 3.25%, aligning with market expectations.