The government of Mato Grosso will invest BRL 1.6 billion to duplicate hundreds of kilometers of the federal highway BR-163 following an agreement with the Union that stipulates that Mato Grosso assumes 100% of the road concession contract with the Rota do Oeste dealership. The BR-163’s or “soybean highway” concession spans approximately 850 km from the city of Itiquira, on the border with Mato Grosso do Sul, to Sinop, in the north of Mato Grosso. “We should produce more than 90 million tons this year, making us the top grain producer in Brazil,” said Governor Mauro Mendes. He also emphasized that infrastructure investments are crucial. The State will provide the funding for the investments through the state-owned business MT Par.
Source: Forbes Brasil (*Translated by Ia Niani)