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China Enterprise Consortium wins bid for Brazil cross-sea bridge project

Dec 18, 2019

Xinhua News Agency reported on December 13th local time that a consortium consisting of China Communications Construction Group Co., Ltd. (China Communications Construction) and China Railway 20th Bureau Group Co., Ltd. won the bid for the Salvador-Itapparica Cross-sea Bridge Project in Brazil.

 

According to reports, the bridge connects El Salvador, the state of Bahia, Brazil with the tourist attraction Itaparica. The project includes a 12.4 km maritime bridge and a 31 km land transportation system with a total investment of US $ 2.2 billion.

 

Chang Yunbo, chairman of China Communications Construction South America Regional Corporation, told reporters that this is a major bridge project invested by Chinese companies overseas in the PPP mode. The PPP model is characterized by cooperation between local governments and social capital, which increases investment security and guarantees stable investment returns.

 

Liu Feng, Assistant General Manager and Portuguese-speaking Regional Director of the China Railway 20th Bureau, said that Chinese companies rank among the best in the world in deepwater construction and long-span cable-stayed bridges. They hope to use Chinese technology to help Brazil improve its infrastructure and boost Brazil. economic development.

 

Costa Bahia Governor Costa said that this sea-crossing bridge is the largest project in Brazil's infrastructure sector in recent years. When completed, it will boost the state's economic development, increase urbanization and increase employment.

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