Iridium, the concessions company of the ACS Group, was selected by the Portuguese government to build and operate the new Baixo Alentejo highway, which shall connect the towns of Sines and Beja, in the centre of the country. Join discussion...

Brisa (BRI.LS), Portugal's main highway operator, said on Tuesday the state had agreed to extend its concession by three years past the original 2032 end date, while the company assumed 118 million euros in new investment. Join discussion...

Portugal will speed up highway construction in 2009, which will result in US$2.2 billion of private infrastructure spending to combat the economic crisis, Reuters reported. Join discussion...

Portugal's largest highway operator, Brisa (BRI.LS), said on Wednesday a consortium in which it participates has won a concession in western Portugal requiring future investment of 459 million euros ($584.9 million). Join discussion...

Portugal's leading highway operator Brisa (BRI.LS) posted a fourth-quarter net profit of 41.8 million euros ($52.98 million) on Friday, 64 percent below its year-ago net profit but exceeding market expectations. Join discussion...

"In the future backlog evolution, we expect an increase above all in Portugal, on the back of concessions in which are involved and the high speed train programme," Rocha told Reuters on Wednesday. Join discussion...

The Portuguese government will likely only take a final decision on advancing with planned high-speed rail links to Spain in October, after scheduled legislative elections, Public Works Minister Mário Lino said Tuesday. “The normal pace of things means that only in the next legislature, around October, will there be conditions, and not before, to sign the concession contract” for the first stretch of high-speed line from the Spanish border, Lino said. Join discussion...

The Thai government is targeting a bigger role for the private sector in boosting economic growth, raising the value of projects it expects to finance in partnership with private investors to 10% of its THB1.43 trillion ($43.07 billion) investment budget from the currently planned 2%, a senior finance ministry official said Wednesday. Join discussion...