Odebrecht Announces It Has Won Another Government Construction Contract

The Contractor Will Build the BRT in Belém, Estimated at 525 Million Reais. Odebrecht Wins Second Bid in Less Than 30 Days

All indications point to Odebrecht Engineering and Construction (OEC) making a strong comeback after agreements with the justice system stemming from the Lava Jato operations. It has been winning bids one after another with major projects in the construction field. This week, it had already announced that it won the construction works of the São Mateus Port Terminal in Espírito Santo (read the article here), and that it plans to hire over 2,500 people.

In this new bid, Odebrecht will build the BRT in Belém, which will be responsible for the Metropolitan BRT Bus Trunk System, noting that this was announced by the contractor itself. However, the public authority that launched the bids stated that it has not yet chosen a winner and is still reviewing proposals from other contractors. It’s worth noting, the contractor claims that it has already secured these works and the government says it hasn’t selected anyone yet, but no one knows how Odebrecht predicted or is guaranteeing itself in this way.

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The project includes improving the transportation system in the stretch between the Entroncamento and the municipality of Marituba; constructing alternative routes to the BR-316 highway, such as the extension of João Paulo II and Independência Avenues; and adapting roads that integrate the public transport network. The population served is estimated at 1 million inhabitants in the regions of Belém, Ananindeua, and Marituba. The project timeline is 585 days, with an expectation that the process will begin in 2018.

Meet the 12 Subsidiaries of Odebrecht

Few know, but Odebrecht is more than just a name; it represents various business sectors in Brazil and around the world, which led the company to be divided into several subsidiaries, each independent of the other and with different market operations.

[one_half]

• Odebrecht S.A.
• Odebrecht TransPort
• Odebrecht Engineering and Construction
• Odebrecht Oil and Gas S.A. (Changed to Ocyan)
• Odebrecht Real Estate Ventures S.A.
• Atvos Agroindustrial

[/one_half]

• Braskem S.A.
• Odebrecht Properties
• Odebrecht Insurance Administrator and Broker Ltd.
• Odeprev
• Odebrecht Foundation (Foundation)
• Odebrecht Defense and Technology