Brazil Unveils Infrastructure Funding Plans for Road and Rail Projects

August 16, 2012 by Matt Ball in Transportation with 0 Comments

Brazil’s government on Wednesday unveiled measures to lure up to $133 billion reais in private investment for road and rail projects, part of a new state-led effort to improve the country’s aging and overburdened infrastructure.

The stimulus measures, the latest in a flurry of government steps aimed at giving Latin America’s largest economy a boost and paving the way for higher growth rates, focus on concessions for improvements to road and rail. Similar concessions for airports and seaports are expected in the coming weeks.

About Matt Ball

Matt has been pursuing the application of sensors and systems for the better stewardship of our planet for the past five years as a founder of Vector1 Media.