Entrevias
VINCI Highways finalised in May 2023 the acquisition of a 55% stake in Entrevias from Patria, a Brazilian fund, and will hold the concession for two toll highway sections in Brazil until 2047.
These two highway sections span a total of 570 km across the state of São Paulo, linking it to the state of Minas Geiras to the north and the state of Paraná to the south. Together, the three states account for over 40% of Brazil's GDP.
The concession, with a remaining term of 25 years, includes two sections with a cumulative length of 570 km that recorded around 30 million transactions in 2021. The concession company is remunerated by collection of tolls (traffic risk concession). The contract covers:
- Operation and maintenance of a 299 km section in the north of São Paulo;
- Operation and maintenance of a 271 km section in the south of São Paulo, together with works, already started and scheduled for completion by end 2025, to widen the section from 2×1 to 2×2 lanes over 210 km.
The new project also strengthens VINCI Concessions’ positioning in Brazil, strongest economy and most populated country in Latin America, after the acquisition by VINCI Airports of Salvador de Bahia Airport in 2017 and of seven Amazonian airports in 2021.
Salvador Bahia airport
VINCI Airports entered the market in Brazil in 2017 when it signed the concession contract for the airport in Salvador ...
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