Clifford Chance
Lote Piracicaba-Panorama
8 January 2020
Spearheading a Robust Road Projects Pipeline in Brazil
The State of São Paulo, acting through its transportation agency, has awarded the approximately US$5 billion 30-year DBFOM contract for the brownfield concession of the 1,273km Piracicaba-Panorama Lot project to a consortium formed by Brazilian private equity firm, Pátria and Singapore's investment fund, GIC. Pipa is the first of several Brazilian road projects expected to be awarded this year by the federal and various state governments and ranks among the largest road projects ever to be awarded to a private sector company in Latin America.
