October 4, 2004
Economic growth requires more electricity - and railways, roads, ports, pipelines and other costly projects. With governments short of cash, politicians want the private sector to plug the gap even though the mechanisms to make that happen are not in place. Financiers have come up with inventive solutions in the past. They may have to do so again.
Claudio Sales, president of the Brazilian Chamber of Investors in Electricity (CBIEE), set a sober tone at the September 10 gathering in São Paulo by citing a recent report by Brazilian consulting firm Tendências. The report states that if the B
Will the lights go out in Latin America? Maybe not, but the prognosis at LatinFinance's roundtable on infrastructure finance in Brazil, wasn't hopeful.