en.Wedoany.com Reported - The auction results for the highway concession in Brazil's Minas Gerais state have been announced, with EcoRodovias successfully winning the bid. The contract involves a 735-kilometer extension of the Rota Gerais highway, with a concession period of 30 years and an estimated total investment of R$13.1 billion (approximately $2.5 billion).

According to the contract terms, capital expenditures are estimated at R$7.3 billion, while operational expenditures amount to R$5.8 billion. EcoRodovias offered a 19% discount on the base toll rate, outbidding competitors such as Monte Rodovias and a consortium formed by the Yvy Capital fund and Pavidez Engenharia.

The project plan includes 186.6 kilometers of road widening and the construction of 160 kilometers of additional lanes. Marcello Guidotti, CEO of EcoRodovias, stated: "This highway connects with two other highway corridors we already operate in Minas Gerais. We hope to take over this contract as soon as possible to begin operating a major corridor."

This auction marks the first contract under the Brazilian federal government's highway concession plan for this year. The government plans to auction 14 concession contracts by 2026, covering 7,295 kilometers of highways, with an estimated total investment of R$158 billion.

The Brazilian National Bank for Economic and Social Development (BNDES) will support this plan. Luciana Costa, Director of Infrastructure, Energy Transition, and Climate Change at BNDES, noted: "BNDES is the largest highway financing institution in the country. Since 2023, we have approved R$49 billion for highway projects. Between 2026 and 2029, we will approve an additional R$80 billion. We structure these projects through project finance models, without any subsidies." Costa added: "We collaborate with private banks and highway operators. Without the joint efforts of the public and private sectors, we could not have achieved such significant success in the auction agenda."

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