Ecorodovias wins Sao Paulo road concession

Ecorodovias wins Sao Paulo road concession

Project & Infrastructure Finance Brazil

EcoRodovias was awarded a 30-year concession to operate the northern section of Rodoanel (North Beltway) highway by the Sao Paulo State Public Transport Regulatory Agency (Artesp), a statement from Artesp showed. The road builder, controlled by the Italy's Gavio Group and local unit Primav Infraestructura, won a project from Sao Paulo state's latest round of bidding, after offering second-placed bids in the first two projects. EcoRodovias offered a concession fee of BRL883m ($272m), equivalent t

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