Sacyr S A : begins operation of Rota de Santa Maria, its first p3 concession in Brazil
August 31, 2021 at 05:52 pm IST
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The contract duration is for a 30-year term, throughout which the project is expected to generate more than 2.4 billion euros in revenue.
Sacyr Concesiones
31/08/2021
Sacyr Concesiones
31/08/2021
Today, August 31, Sacyr has started the operation of Rota de Santa María highway (RSC-287) in the state of Rio Grande do Sul, Brazil. This is the company's first P3 in the South American country.
Sacyr Concesiones will double 204 km of this roadway to improve transportation between the regions of Tabaí and Santa María, in the south of the country.
The period of operation for this roadway is for 30 years and revenue forecast for this P3 exceeds 2.4 billion euros.
The contract comprises the operation, use, conservation, maintenance, updating, and expansion of the RSC-287 roadway infrastructure between Tabaí, at the intersection with BRS-386 (km 28), and Santa María, at the junction with ERS-509 (km 232), which totals 204 km in length.
Rota de Santa Maria is a critical road of Rio Grande do Sul, as it connects the center of the state with the metropolitan region of the capital, Porto Alegre.
Furthermore, it allows for better interconnectivity with federal roads BR-386, BR-471, and BR-153. The road has a high traffic volume and is one of the most traveled in the state. The roadway will provide service to approximately 840,000 inhabitants of 19 municipalities.
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First P3 in Brazil
The RSC-287 highway is Sacyr's first P3 concession in Brazil, where the company already has several noteworthy construction projects, such as the Sao Paulo and Fortaleza metro and the Norte-Sul railway.
This milestone consolidates the company's strategic roadmap to develop P3 projects in North and South America, where Sacyr is firmly committed to infrastructure development.
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Sacyr SA published this content on 31 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2021 12:21:09 UTC.
Sacyr, S.A. is a building and public works group. Net sales (including intragroup) break down by activity as follows:
- industrial site,s infrastructure and building construction (49.4%);
- management of infrastructure under concession (32.3%): airports, roads, hotels, offices, shopping malls, etc.;
- services (17.1%): maintenance and cleaning of buildings, construction and installation of water pipeline systems and gas emission reduction systems, waste and wastewater collection and treatment, etc.;
- other (1.2%).
66.1% of sales are abroad.
SACYR, S.A. 
