Abertis 18.36€ 0.0% 0.0€

23 Oct 2017

Arteris signs the Via Paulista concession agreement

Arteris signs the Via Paulista concession agreement

  • The new concession establishes investments for R$5,000Mn (~€1,500Mn) in the coming years.
  • It is a strategic transport axis for the state of São Paulo, and it is located in one of the wealthiest and most dynamic regions of the country, with a population of 1.6 million people.

Arteris, Abertis’ Brazilian subsidiary, has signed the concession agreement of Via Paulista (known before as Rodovias dos Calçados); which lays on 35 municipalities in different regions in the state of São Paulo.

Last April, Arteris won the concession for the management of Via Paulista. The awarded package sums up the 317 kilometers managed by Autovias (São Carlos-Araraquara corridor), an Arteris’ concessionaire operating since 1988 and ending in December 2018; to additional 403 kilometers that were under direct management of the Government of the São Paulo state (Araraquara-Itaporanga corridor). It is a strategic transport axis for the state of São Paulo, and it is located in one of the wealthiest and most dynamic regions of the country, with a population of 1.6 million people.

David Díaz, Arteris’ CEO, and Geraldo Alckmin, Governor for the state of São Paulo have signed the new contract today.

Via Paulista will manage 720 toll-road kilometres and it will receive an investment of R$5,000Mn (~€1,500Mn) in the coming years. The new concession, 30-years-long, will start its operations at the end of November.

This new concession model will involve the deployment of innovative services for the clients, like Wi-Fi along the route, traffic control with intelligent cameras, discounts for users that use the electronic payment systems, and flexible tariffs.

 

 

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