Plusbyte SRL Wins Third Auction to Invest US$99 Million in Modernizing São Borja–Santo Tomé Bridge Over 15 Km

The binational São Borja–Santo Tomé International Bridge connecting Brazil and Argentina was successfully auctioned on July 16, 2025, in Foz do Iguaçu, Paraná. The winning bidder, Plusbyte SRL, committed to investing over US$99 million to recover and modernize the more than 15-kilometer infrastructure of the crossing. This marks the third attempt to auction the bridge, following previous unsuccessful bids. The project is seen as a key development in strengthening infrastructure ties between Brazil and Argentina. Earlier reports noted the bridge was acquired for US$29 million, but the total investment pledged by Plusbyte SRL exceeds US$99 million. The auction represents a milestone in binational cooperation and infrastructure modernization efforts. Meanwhile, in Argentina, the Central Bank's recent bond auction saw only 28% of the targeted amount placed, indicating weak demand for the Bopreal 4 issuance.