From the skies to the road, a positive impact in Brazil
After VINCI Airports secured the concessions for Salvador Bahia airport in 2017 then, in 2021, for seven airports in the Amazon region, VINCI Concessions further asserted its commitment to Latin America’s leading economy in 2023, but this time in the highway concession sector. VINCI Highways has acquired a 55 % stake in Entrevias, the concession company in charge of the operation, maintenance and modernisation of the Central-West Paulista highway package. It covers two highway sections that form a 570 km network, crossing the state of São Paulo to connect the states of Minas Gerais in the north and Paraná in the south. These three states alone generate over 40 % of Brazil’s GDP. VINCI Highways will harness its expertise to bolster the Entrevias network’s quality of service and accelerate the rollout of environmental initiatives, leveraging Entrevias’ foothold and experience in highway programme management with local companies in Brazil. The concession contract signed with Entrevias and the government of the state of São Paulo runs until 2047 and provides for investments of R$3.9 billion to restore highways, expand the network and roll out technologies and innovations to help provide high-quality services for users. Modernisation work completed in 2023 has already doubled 64 km of highway on the SP-333 and created almost 2,000 local jobs. Between now and 2025, new work will expand a 210 km stretch of the southern section into a two-lane dual carriageway in order to support the increase in traffic, which reached 35 million vehicles in 2023 (up 7 % compared with 2022).
Background
Economic momentum in Brazil is largely dependent on the quality and security of its road infrastructure. The ground network is one of the priorities of the Brazilian government’s new Growth Acceleration Programme or PAC a “new deal” combining public and private investments.
R$3.9 billioninvested throughout the concession
570 km of toll highway network
The SP-333 doubling project has already had a direct effect on daily life for at least 344,000 residents of local areas. By facilitating logistics and journeys for passenger and commercial vehicles through the central west area of São Paulo, as well as from the state of São Paulo to Paraná, it will expand and improve production capacity for industrial and agricultural sectors. What’s more, the implementation of high operational standards on the SP-333 has improved security and comfort for drivers, particularly in trucks.