Chinese bidders win bridge PPP in Bahia

Chinese bidders win bridge PPP in Bahia

Project & Infrastructure Finance Brazil China

A Chinese consortium presented the only offer for the Salvador-Ilha de Itaparica Bridge and won the 30-year contract for the public-private partnership (PPP), the Bahia state government said in a statement. CR20, a division of China Railway Construction Corporation (CRCC), and two units of China Communications Construction Company (CCCC) won the bidding and agreed to take on BRL3.83 billion ($943 million) in investments. The state government, meanwhile, will contribute BRL1.51 billion to the pro

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial