Infrastructure Spending Seen Rising

Infrastructure Spending Seen Rising


Mexico and Brazil will spend $160 billion over the next three years on infrastructure projects, according to Merrill Lynch. The shop estimates a $100 billion three-year infrastructure spending plan in Brazil to stimulate economic development, directed primarily at oil and gas, power generation and transmission, telecommunications, transportation (toll roads, railroads, airports and ports) and housing construction. "Brazilian gross capital investment should exceed 20% of GDP in the next five year

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