Court orders reduction in tolls on Rio-São Paulo highway
A Brazilian court ordered a reduction in tolls on Presidente Dutra highway, which runs between São Paulo and Rio de Janeiro and is operated by concessionaire Nova Dutra, a unit of infrastructure group CCR.
The order follows a request by prosecutors, who said in a statement the toll rates were hiked using the wrong criteria in 2010 and 2011.
The exact reduction was not specified. A CCR spokesperson, contacted by BNamericas, said the company will appeal the court order.
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News in: Infrastructure (Brazil)
Regulatory roundup: Tax reform, investment regime, PPPs and more
BNamericas provides a roundup of regulatory news from the region's infrastructure sector.
Brazilian lawmakers approve social infrastructure fund
The amount of money committed to the fund was not disclosed, but the resources will come from the federal government budget.
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Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tra...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tra...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tra...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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