Ferrovial Agroman, a construction subsidiary of Ferrovial, in consortium with Brazilian company Toniolo, Busnello, has been awarded two contracts to widen a section of toll road between the cities of Sao Paulo and Curitiba. The contracts are worth a combined 224.8 million reais (about 69.5 million euro).
Ferrovial Agroman, in consortium with Brazilian company Toniolo, Busnello, has been awarded batches 6 and 7 of the “Duplicação da Serra do Cafezal” project on the Régis Bittencourt highway, BR-116, which links the cities of Sao Paulo and Curitiba in south-eastern Brazil. The two contracts represent a total combined investment of 224.8 million reais, equivalent to approximately 69.5 million euro. The Régis Bittencourt toll road, owned by Brazilian operator Arteris, is one of the country's most heavily-transited roads. The two contracts form part of the project to widen the Serra do Cafezal section of the highway, between the towns of Miracatú and Juquitiba, in the south-east of Sao Paulo state. The contracts cover 4.6 kilometres of road, including the construction of three tunnels (one of them 747 metres long) and five viaducts, the longest of which is 845 metres in length. Alejandro de la Joya, CEO of Ferrovial Agroman: "This contract expands Ferrovial Agroman's international presence as it is our first project in Brazil." Ferrovial Agroman has been steadily strengthening its international footprint in recent years. In 2013, 70% of its total revenues came from outside Spain and international contracts also accounted for 70% of its backlog.