The 225mn-real (US$94.4mn) rehabilitation project on the BR-376 highway in Brazil's Paraná state, being carried out by highway concessionaire RodoNorte, will be finished by year-end, a company spokesperson told BNamericas.
Improvements on the 219km stretch between cities Curitiba and Apucarana include repaving, reconstruction of the Tibagi river bridge, installation of signaling and rainwater drainage networks, as well as the addition of a third lane on a 22km stretch.
The project started in 2002 and of the total cost, 65mn reais were invested during 2008.
In 2009, RodoNorte plans to carry out engineering studies to expand the two-lane highway between the cities of Ponta Grossa and Apucarana, the spokesperson said, adding that the highway must be expanded to four lanes by 2014, but investment costs have not yet been estimated.
"These projects will be carried out in great detail and we will take into consideration all the technical aspects stipulated in the concession contract between RodoNorte and the government of Paraná," RodoNorte director Jurandir Barrocal Netto said in a company release.
A total of 1.6bn reais will be invested by 2024, when the concession contract ends, according to the spokesperson.
RodoNorte was awarded a 24-year concession to operate 560km which make up Lot 5 of the blocks auctioned by the Paraná state government in 1997. The company is a business unit of Brazil's largest highway concessionaire CCR (Bovespa: CCRO3).
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