The current administration plans to carry out projects worth US$1.1bn in total that would benefit the most remote regions of the country over the next four years.
The project involves the construction of overpasses to alleviate traffic congestion.
Toniolo Busnello won the contract with an offer of some US$11.5mn, the Brazilian state said.
The work will require some US$26mn and is due to take two years.
The next administration will need to introduce a new regulatory framework in certain sectors, according to a former head of the central bank.
The project will require some US$20mn, which is coming from the IDB.
Following approval of a project to create a cruise terminal in central Chile, BNamericas spoke with the CEO of VTP Juan Esteban Bilbao, whose parent company Agunsa proposed the US$30mn project for Valparaíso, about the plan and the outlook for the cruise industry in Chile beyond the port city.