Vinci Highways has gained a 30-year concession to function and modernise a 594km part of Brazil’s tolled BR-040 freeway.
It’s the corporate’s second in Brazil after taking a 55% stake in Brazilian street operator Entrevias in Might final 12 months.
It connects the cities of Belo Horizonte and Cristalina and is a foremost route inland to the capital Brasilia.
It additionally serves the ports of the south coast, carrying mining, farm, and industrial merchandise.
Final 12 months it had 17.5 million toll transactions, an 8% enhance on 2022. Heavy autos accounted for 40% of visitors.
Vinci’s deliberate enhancements embrace widening some 300km of it, 60km of recent service roads, wildlife crossings, and reforesting round 600 hectares.
It’ll take over operations within the first quarter of 2025, after a transition part with the shopper, Brazil’s Nationwide Street Transport Company.
With the BR-040 concession, Vinci now manages just below 1,200km of highways in Brazil and eight of its airports.
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Additional studying:
- Vinci buys its first toll-highway concession in Brazil
- Vinci to construct 1,950km of energy strains in Brazil
- Vinci now Brazil’s high worldwide airport operator
The publish Vinci wins second freeway concession in Brazil appeared first on World Building Assessment.