Brazilian firm Odebrecht today won an auction process for the BR-163/MT road concession, one of the country's main roadways for soy transport. The potential award would mark another advance for President Dilma Rousseff's program to improve logistics and boost growth in the country.
Odebrecht won the auction today by offering a toll of 0.02638 reais per kilometer, a 52 % discount from the set maximum. The bids submitted for the project and the discounts from the maximum bid price follow:
According to the federal agency, the project includes conservation, maintenance, operation, implementation of improvements and capacity expansion of the BR-163 highway for 30 years.
The project, with an investment during the first five years of R$2.38 billion (US$1.13 billion), involves an 851km segment of BR-163 in the state of Mato Grosso. It will have nine toll booths and entail widening 454km of the highway, also before the fifth year of the concession. The road stretch will have nine toll plazas.
The stretch of BR-163 is seen as an attractive asset. Located in the state of Mato Grosso, the largest producer of soybeans in Brazil, the north-south highway is critical to bringing agricultural commodities to ports for export.