VINCI wins the BR-040 highway concession in Brazil between Belo Horizonte and Cristalina [Yahoo! Finance]
VINCI SA UNSP/ADR (VCISY)
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Source: Yahoo! Finance
between Belo Horizonte and Cristalina A 30-year tolled highway concession A dynamic corridor of nearly 600 km located on the strategic axis between Belo Horizonte and Brasilia An ambitious works program Following a call for tenders launched by Brazil's National Road Transport Agency (ANTT), VINCI Highways, subsidiary of VINCI Concessions, won a 30-year concession to operate and modernise a 594 km section of the BR-040 highway. This tolled highway connects Belo Horizonte, capital of the state of Minas Gerais, to Cristalina, a city located in the south of the state of Goiás. It thus serves the federal capital Brasilia. VINCI Highways will take over operations in the first quarter of 2025, after a transition phase in collaboration with ANTT. The Belo Horizonte-Cristalina highway is a dynamic highway corridor serving the ports of the South coast, notably used for the transport of mining, industrial and agricultural production. In 2023, it achieved 17.5 million transactions
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