Primary funding source for BR-381 highway project enhancements by end of 2025?
Government Funding • 25%
Private Investment • 25%
Public-Private Partnership • 25%
International Loans • 25%
Financial reports from 4UM Investimentos or Brazilian government announcements
Lula Signs R$ 10 Billion Concession for BR-381 Highway in Minas Gerais to Benefit 4 Million
Jan 22, 2025, 04:07 PM
Brazilian President Luiz Inácio Lula da Silva signed a concession contract for the BR-381 highway in Minas Gerais, known as the 'rodovia da morte' due to its high accident rate. The contract, signed at the Palácio do Planalto, involves a 30-year concession to the 4UM Investimentos group, which will invest R$ 10 billion in the 303.4 km stretch between Belo Horizonte and Governador Valadares. The project aims to improve safety and infrastructure, including the duplication of 106 km of the highway, the addition of 83 km of extra lanes, and other enhancements. The initiative is expected to benefit 4 million people and create 83,500 jobs. The concession includes a plan for free tolls in the first year, followed by discounts for frequent users. The signing ceremony was marked by political tensions, with Lula and his ministers criticizing the absence of Minas Gerais Governor Romeu Zema, who did not attend the event.
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Public-Private Partnerships • 25%
Private Investors • 25%
Brazilian Government • 25%
International Loans • 25%
Some improvements completed • 25%
Most improvements completed • 25%
All planned improvements completed • 25%
Few or no improvements completed • 25%
No • 50%
Yes • 50%
Financial issues • 25%
No major challenges • 25%
Technical difficulties • 25%
Regulatory hurdles • 25%
106 km road duplication • 25%
83 km extra lanes addition • 25%
51 layout changes • 25%
23 pedestrian overpasses • 25%
Belo Horizonte • 25%
Ipatinga • 25%
Other • 25%
Governador Valadares • 25%
Reduced travel time • 25%
Job creation • 25%
Economic development • 25%
Increased safety • 25%
4UM Investimentos CEO • 25%
Luiz Inácio Lula da Silva • 25%
Romeu Zema • 25%
Minister of Infrastructure • 25%