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Govt approves US$98.2mn highway initiative (Paraguay)
2009-11-18

Paraguay's finance ministry has approved a US$98.2mn budget to build a 170km paved road, the ministry reported in a release.   Of the total amount to be invested, US$75.4mn will come from the Mercosur structural convergence fund (Focem).   The initiative aims to repair and pave the roa...

 
Agunsa expands South American operations (Regional)
2009-11-18

Chilean transport firm Agencias Universales (Agunsa) has expanded its operations in Uruguay with the opening of logistics branch Agunsa Uruguay, website Mundo Marítimo reported.   The new company will be a subsidiary of Agunsa Argentina and will provide services throughout the country ...

 
Latin American authorities evaluating weigh-in-motion technology (Regional)
2009-11-18

Peru, Bolivia and Colombia are some of the countries looking to implement weigh-in-motion technology in an effort to reduce road and highway maintenance costs, a Chilean public works ministry (MOP) official told BNamericas at the VIII Chilean and III Iberoamerican ITS congress.   Representati...

 
Fomilenio launches tender for 2 bridges (El Salvador)
2009-11-17

Fomilenio, the El Salvadorian chapter of the US Millennium Challenge Corporation (MCC), has launched a tender for the construction of two bridges in San Miguel department, a Fomilenio official told BNamericas.   The tender includes two structures: a 330m bridge in Nuevo Edén de San Jua...

 
Votorantim offers to buy 50% stake in Spanish-owned cement firms (Brazil)
2009-11-17

Brazilian group Votorantim expects two Spanish-owned cement companies, one located in Uruguay and the other in Argentina, to become part of its group in approximately one month, Votorantim's communications department told BNamericas.   The Brazilian firm made an offer to buy 50% of the shares...

 
PPPs fundamental to infrastructure development, says transport minister (Mexico)
2009-11-17

Mexico's transport and communications ministry (SCT) will look to public-private partnerships (PPPs) to boost the government's 2010 budget for infrastructure development, SCT reported in a release.   Speaking at the 25th national civil engineering congress in Mexico City, SCT head Juan Franci...

 
New Metrobús system to launch in four months, says minister (Panama)
2009-11-17

Panama City's revamped bus system, to be known as Metrobús, will begin operations in four months, minister of the presidency and transport commission head Jimmy Papadimitriu was quoted as saying on the presidential website.   A tender to supply and operate a new fleet of buses will be ...

 
CCR posts US$107mn profit for Q3 (Brazil)
2009-11-16

Brazilian tollroad operator CCR (Bovespa: CCRO3) reported a 185mn-real (US$107mn) profit for Q3, down 15.7% year-over-year.   "The decrease in profit is mainly due to increased costs related to the acquisition of the Rodoanel Oeste highway concession, 40% of the Renovias highway concessi...

 
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