Brasília – The government hopes to attract R$ 470.1 billion (US$ 235 billion) in private investment for infrastructure through planned concessions. The figures were presented on Wednesday (27) by acting Finance minister Nelson Barbosa, during the 40th Ordinary Meeting of the Council for Economic and Social Development (CDES). On Tuesday (26), minister Guido Mantega showed these figures to businessmen in New York. Later, minister Gleisi Hoffmann, Chief of Staff, should present them in London, in a road show to seek investment from abroad.
In the logistics area, concessions of R$ 242 billion (US$ 121 billion) are forecasted, with most in railways. Also forecasted are R$ 42 billion (US$ 21 billion) for highways, R$ 54.6 billion (US$ 27 billion) for ports, R$ 35.6 billion (US$ 18 billion) for the high-speed train and R$ 18.7 billion (9 billion) for airports, including regional ones. Nelson Barbosa also pointed out the concessions in the electric energy sector, with R$ 148.1 billion (US$ 72 billion), and oil and gas, with R$ 80 billion (US$ 40 billion).
"We therefore have opportunities for investment in Brazil in coming years, totalling almost R$ 500 billion (US$ 250 billion). Ethanol has not been included, but I would also like to consider it. The energy sector is a priority to us and it includes oil and gas, electric energy and ethanol. In ethanol our actions are not focussed on concessions, but on greater competitiveness,” said Barbosa.
*Translated by Mark Ament
