Azevedo & Travassos announced on Friday that the consortium led by the engineering company had won the auction for the Lote CN 2 bus concession held by the National Land Transport Agency (ANTT). The consortium comprises FIP Azevedo & Travassos (70%), Sobrado and Gae from Grupo Tecpav Engenharia (5%), and FIP Camaçari (25%).
The agreement includes 490 km of BR-060 and BR-364 highways in Goiás and Mato Grosso, lasting 30 years. It involves an investment of R$ 7.2 billion and is expected to generate revenue of over R$ 16 billion. This success strengthens the company’s position in the infrastructure industry.
Grant totaling R$ 10 billion
In March, the company entered into a concession agreement with ANTT for the Green Route road segment (CN1).
The deal, executed through the CN1- Rota Verde bidding process, involves a 30-year rental agreement with expected investments of R$4 billion in infrastructure, encompassing 426 km of the BR-060 and BR-452 roads in Goiás state.
The project involves expanding 31 km of road, adding single and double lanes, constructing side roads, and enhancing access and road safety.
The project aims to enhance the road network in the Midwest region and boost economic growth for the agribusiness industry through a grant worth around R$ 10 billion.
Azevedo & Travassos, a long-standing engineering and construction firm from Brazil, holds a significant position in infrastructure development, particularly in the fields of sanitation, oil, and gas. Established in 1922, the company boasts over a century of industry expertise.
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