Dersa

A consortium of Brazil's Mendes Junior and Spain's Isolux Corsán could lose its US$208 million contract to build part of the northern section of the Mario Covas beltway around the Brazilian city of São Paulo. The consortium, led by Mendes Junior, is falling behind schedule because of cash flow problems, according to São Paulo state highway company Dersa. The deal was signed in January 2013, local paper Folha de São Paulo reported.

In Brazil plans are being set out for a new tunnel that would connect the coastal cities of Santos and Guarujá. The project is estimated to cost some US$803 million to construct, according to a report by Business News Americas. The tunnel would by 1.7km long, carry six lanes of traffic and be at an estimated depth of 35m. A process for pre-qualification for those firms showing an interest in the project has been started. This is being handled by the São Paulo state highway company Dersa, which states that o