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Tis series provides an overview of successful public-private partnerships in various infrastructure sectors,where IFC was the lead advisor.
IFC Advisory Services inPublic-Private Partnerships2121 Pennsylvania Ave. NWWashington D.C. 20433ifc.org/infrastructureadvisory
IFC and BNDES, the Brazilian development bank, served as leadadvisors to the Brazilian Ministry of Planning and the NationalTransport Agency (ANTT) for an innovative concession to expand,rehabilitate, operate, and maintain 667 km of federal roads inthe state of Bahia in northeast Brazil. The concession was signedin October 2009.
Brazil: Bahia Federal Highways
The project was awarded to the Rodobahia consortium, a partnership o Spain’sIsolux Corsan and Brazil’s Engevix and Encalso. The 25-year concession will improvea 554km section o BR116 that runs rom Bahia’s border with the Minas Gerais statein the south to BR324, and a 113km section o BR324 that connects BR116 at itsintersection in Feira de Santana to Salvador and the Port o Aratu. In addition,the project will rehabilitate sections o two state roads, BA526 and BA528, whichprovide access to Aratu. The project is expected to generate an estimated US$615million in investments.This is the frst joint IFC—BNDES project under a cooperation agreement signedin 2005. The partnership with BNDES enables IFC to leverage local expertise ininrastructure project fnancing.