São Paulo – Concessions made last year shall inject the Brazilian economy with investments worth R$ 80.3 billion (US$ 33.9 billion using current exchange rates) over the next 35 years, according to the new secretary of Economic Monitoring of the Ministry of Finance, Pablo Fonseca. The amount includes investments ranging from the privatization of highways, airports and port terminals, to oil and natural gas blocks and electricity transmission.
Fonseca spoke to the press for the first time since he was nominated for the position, in October, and stated that the bids held in different sectors was the most important sign the federal government gave to national and international investors last year. He highlighted the importance of partnerships between the public and private sectors in infrastructure and recalled that the World Bank recently pointed Brazil as the emerging country that most invested in this sort of undertaking.
*Translated by Silvia Lindsey
