January 12, 2018 |
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
Italian-Brazilian highway operator offers $272m fee for the northern section of Rodoanel