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BNDES expects US$241bn in infrastructure financing by 2016

Publish in 13 February of 2013

Brazil's national development bank BNDES is forecasting 489bn reais (US$241bn) in infrastructure project financing by 2016, according to the bank's four-year investment perspective published in its latest performance report.

This results in an accumulated variation of 36.2% with an average growth rate of 6.4%/y, the report said.

Infrastructure lending, which represents 58% of the bank's total financing plan, will be applied to projects such as logistics concessions, including those for highways, railways, ports, and airports.

Besides transportation, financing is expected to go towards sectors such as sanitation, housing, energy, and telecommunications.

The four year-forecast is pushed by an expected increase in spending for 2013 as the bank experienced a 60% jump in consultations for loans in 2012 as well as a 58% increase in loan approvals throughout last year.

One of the challenges, however, is expanding private investments and public-private-partnerships (PPP) opportunities across all infrastructure sectors, according to the bank.

Source: BNAmericas

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