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Brazil to invest R$45 Billion in privatized Infrastructure Concessions

March 10, 2017

By: Lise Alves

The federal government of Brazil announced on Tuesday (March 7th) the 55 infrastructure projects that are part of the Private Partnership Investment program (PPI), with investments estimated at R$45 billion.During the meeting to discuss the PPI, President Michel Temer stated that the program is an important step towards decreasing unemployment."We need to do this soon, because what we want the most is to fight against unemployment," Temer said at the opening of the PPI meeting on Wednesday.

According to the President the new investmentsin infrastructure are expected to generate 200,000 direct and indirect jobs in the country.The projects include concessions of port terminals, transmission lines, railways and highways, to the private sector. Many of the projects however are renewals of existing concessions...

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Read More At The Rio Times: http://riotimesonline.com/brazil-news/rio-business/brazil-to-invest-r45-billion-in-infrastructure-concessions/