/ Transportation / Brazil Unveils Infrastructure Funding Plans for Road and Rail Projects

Brazil Unveils Infrastructure Funding Plans for Road and Rail Projects

Matt Ball on August 16, 2012 - in Transportation

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.

Read more via Reuters

Matt Ball

About Matt Ball

Matt Ball is founder and editorial director of V1 Media, publisher of Informed Infrastructure, Earth Imaging Journal, Sensors & Systems, Asian Surveying & Mapping and the video news site GeoSpatial Stream.

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