Market
Will the first phase of safety enhancements on BR-381 be completed by January 2026?
3
Minas Gerais•Palácio do Planalto•Lula•Renan Filho•4UM Investimentos•Belo Horizonte•Governador Valadares
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Brazilian government or 4UM Investimentos
Story
Lula Signs 30-Year Concession for BR-381 Highway in Minas Gerais, Allocating R$ 10 Billion
Jan 22, 2025, 04:20 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 ceremony took place at the Palácio do Planalto, where Lula was joined by Transport Minister Renan Filho. The contract, awarded to 4UM Investimentos, involves a 30-year concession with investments totaling R$ 10 billion. The project aims to improve safety and infrastructure along the 303.4 km stretch between Belo Horizonte and Governador Valadares, which is expected to benefit around 4 million people and generate approximately 80,000 jobs. Lula emphasized the government's commitment to transforming the 'rodovia da morte' into a safer 'rodovia da vida'. The concession includes plans for road duplication, additional lanes, and other safety enhancements. The first year of the concession will feature free tolls, followed by discounted rates for frequent users.
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Similar markets
106 km road duplication • 25%
23 pedestrian overpasses • 25%
51 layout changes • 25%
83 km extra lanes addition • 25%
Few or no improvements completed • 25%
All planned improvements completed • 25%
Most improvements completed • 25%
Some improvements completed • 25%
Governador Valadares • 25%
Other • 25%
Ipatinga • 25%
Belo Horizonte • 25%
Toll infrastructure • 25%
Duplication of 106 km • 25%
Addition of 83 km extra lanes • 25%
Safety enhancements • 25%
Financial issues • 25%
Regulatory hurdles • 25%
Technical difficulties • 25%
No major challenges • 25%
