April 21, 2021 |
Brazilian infrastructure company CCR won the concession to operate two more metro lines in São Paulo from state-owned Companhia Paulista de Trens Metropolitanos (CPTM) on Tuesday with an offer that was more than three times the minimum bid.
Consórcio ViaMobilidade Linhas 8 e 9 offered BRL980 million, or 203% above the minimum of BRL324 million, for the 30-year concession to operate Line 8-Diamond and Line 9-Emerald.
CCR already heads consortiums that operates three other metro lines in São Paulo
Brazilian infrastructure company wins a 30-year concession in São Paulo with an offer that was three times more than the minimum bid