Brazil Unveils Concession Plan

Brazil Unveils Concession Plan

Brazil Economy & Policy

Brazil’s government unveiled a BRL133bn ($66bn) investment program for the modernization and expansion of roads and railways through public private partnerships, it says. The program is to begin with a round of new concessions for roads, estimated at BRL42.5bn, and railways, at BRL42.5bn, and will later include investments in ports, airports and waterways. Favorable financing conditions will be available through BNDES. “Given that economic growth, especially industrial production, continues to d

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