January 12, 2018 |
EcoRodovias was awarded a 30-year concession to operate and maintain 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 its first 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 BRL883
Italian-Brazilian highway operator offers $272m fee for the northern section of Rodoanel