Foreign venture takes over NW Parkway

The Northwest Parkway Public Highway Authority is giving preliminary approval to a “multi-year leasing concession” agreement to Lisbon, Portugal-based Brisa Auto-Estradas de Portugal and Sao Paulo, Brazil-based Companhia de Concessos Rodoviaras – a joint venture known as Brisa/CCR.

The highway’s board of directors voted unanimously to let the two companies take over the toll road’s operations and financial obligations.

“We are pleased to enter into a new era of partnership and look forward to a continued high level of customer service for our drivers that will now be provided by the Brisa/CCR operations team,´ said Brian Rantala, a spokesman from InterMountain Corporate Affairs,…