During a recent business seminar entitled “Opportunities in Infrastructure in Brazil”, held in New York city, Dilma Rousseff emphasised that infrastructure investments are the primary goal of the Brazilian government to allow the country’s growth.
Before the elections, Brazil had already counted investments reaching 90 billion Brazilian real (US$36.5 billion) to improve urban mobility, plus an expected BRL50 billion announced by the now re-elected President Dilma Rousseff. These resources are intended to meet and also strengthen the infrastructure needs of major Brazilian cities.
According to official data released by the Brazilian government, the nation’s ports are receiving approximately BRL7.5 billion in investments to expand and improve their infrastructure. It’s also important to mention that a further BRL328 million will be allocated to the sector after 2014.
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Carlos Roberto Siqueira Castro is a senior partner at Siqueira Castro – Advogados in Rio de Janeiro. He can be contacted on +55 21 2223 8818 or by email at firstname.lastname@example.org
Fernando Villela de Andrade Vianna is a partner at Siqueira Castro – Advogados in Sao Paulo. He can be contacted on +55 11 3704 9840 or by email at email@example.com