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Private sector invests US$33.4bn in transportation infrastructure

Publish in 17 August of 2012
Between 2003 and 2011, the private sector invested 67.6bn reais (US$33.3bn) in transportation and logistics projects in Brazil, making up 40% of all investments throughout the nine year period, infrastructure and basic industries association (Abdib) said in a release.

Between 2003 and 2011, the private sector invested 67.6bn reais (US$33.3bn) in transportation and logistics projects in Brazil, making up 40% of all investments throughout the nine year period, infrastructure and basic industries association (Abdib) said in a release.

Throughout the period, a total of 1.04tn reais was invested in overall infrastructure projects. Of this, 169bn reais, being 16.3%, was dedicated to transportation and logistics work which included highways, railways, metros, ports, airports, and waterways. A total of 60% of this came from the public sector and the rest from the private sector.

The potential for private investments in transportation modes is high as companies are quite interested in concessions that entail building and operating, according to Abdib president Paulo Godoy.

"With clear cut rules, legal security, and a reasonable profit, entrepreneurs have the conditions to acquire long-term funding needed to finance projects," Godoy said in the release.

In recent years, overall infrastructure project investments have seen slight increases. A total of 173bn reais was reported in 2011, representing a 2% uptick from the 170bn reais in 2010.

Source: Business News America

 

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