Sao Paulo launches second road P3

Sao Paulo’s transport agency, Artesp, has launched the state’s second road P3 project in as many months.

Governor Geraldo Alckmin has launched the concession notice for the Rodovia dos Calçados (Itaporanga - Franca) road project.

Investments for the project are anticipated to be 5bn Reals ($1.5bn) over the 30 years of the contract, with 1bn Reals going towards the main works and expansion of the network.

Alckmin said that public consultations and investor presentations have led to strong interest in the project form a number of large international firms.

In November, Artesp launched a tender for the 570km Rodovias do Centro-Oeste Paulista road project.