Annual & Sustainability Report 2017
MESSAGES
ABOUT THE
REPORT
THE
CCR GROUP
STRATEGY AND
OPPORTUNITIES
BUSINESS
MODEL
SERVICES
TOLL ROADS
URBAN
AIRPORTS
OUTLOOK
MOBILITY
Outlook
The recovery of Brazil's economic
growth may occur more rapidly in 2018,
according to productivity and population
employability indicators at the end of
last year, but there will still be major
challenges to the development of new
business and infrastructure investments
in the country. The political scenario
is still uncertain and federal and state
government elections, scheduled for the
last quarter of the period, will come first
in the institutional debate, sharing the
spotlight with the need to improve the
conditions of national assets.
Besides focusing on excellence in the
management of its portfolio, CCR Group
will also heed the opportunities that will
arise in Brazil and abroad, either for the
acquisition of new concessions or for
secondary market projects. Moreover,
the company is prepared to further
the discussion on the importance of
infrastructure investments at the
national level.
Some initiatives in this area have already
started in 2017. Last September CCR
Group was one of the participants
of the tenth edition of the Brazilian
Congress of Toll Roads and Concessions,
held in Brasilia. The event's panels
addressed matters such as effectiveness
of infrastructure planning, funding of
toll road concession programs, the
function of the control bodies, the role
of the Judiciary in the development of
jurisprudence involving the sector, and
the work of Brazilian Congress and
control bodies in relation to the topic.
The most recent edition of the
global competitiveness report, released
by the World Economic Forum, puts
Brazil in 80th place on a list with 137
nations. In this survey, infrastructure
is the second most important pillar for
leveraging a country's ability to
compete in the global market, only
ranking below the solidity of institutions.
Likewise, a study by the National
Transportation Confederation shows
that, in 2016 alone, private investment
in Brazilian highways was more than
double the sum invested by the
federal government.
In its current business operations, CCR
Group will continue to look out for
existing opportunities in the concessions
it already operates, maintaining capital
discipline which distinguishes its
business management. In the scope of
São Paulo state toll roads, it will follow
the evolution of the agreement riders
signed in 2006 to ensure the economic
and financial balance of agreements
managed by CCR SPVias and Renovias.
Another challenge is the maintenance
of investments by CCR MSVia, which
partially resumed the twinning of BR-163,
in the state of Mato Grosso do Sul, last
year. Approximately R$ 143 million will be
invested in 12.5 kilometers of twinning and
84 kilometers of pavement restoration on
various segments of the road. The restoration
of balance in the agreement for this
concession is due to a combination of delays
in the issuance of the Environmental License
(resulting in only partial release of segments
for twinning roadworks) with the change
of bases for funding by Banco Nacional de
Desenvolvimento Econômico e Social (Brazilian
National Bank for Economic and Social
Development - BNDES) and Caixa Econômica
Federal (Federal Savings and Loans Bank).
In the international scenario, CCR Group is
structured to identify opportunities for business
expansion in South American nations and in
the United States, where there is a growing
demand for investments in the airport sector.
The organizational restructuring completed
in 2017, a result of the Repensar project, and
its financial solidity place CCR Group on a
favorable footing for a new cycle of growth.
The new business areas, which are more
dedicated and closer to the units, are poised
to assess risks and opportunities, identifying
new avenues for company-wide qualified and
sustainable growth.
CCR Group also
supported the "Em
Movimento" (In
Movement) project,
a series of six films
showing how
transport, sanitation,
urban mobility and
other infrastructure
contribute to economic
growth and have a
positive impact on
society. With this
initiative, the company
seeks to mobilize
society in response to
the discussion about
the growth of private
sector participation in
national development.
Click here to watch
the films of the "Em
Movimento" series.
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Annual & Sustainability Report 2017 • CCR Group
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