{"id":51921,"date":"2015-08-28T18:57:00","date_gmt":"2015-08-28T20:57:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/bndes-forecasts-higher-infrastructure-investment\/"},"modified":"2019-06-30T12:57:26","modified_gmt":"2019-06-30T15:57:26","slug":"bndes-forecasts-higher-infrastructure-investment","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/bndes-forecasts-higher-infrastructure-investment\/","title":{"rendered":"BNDES forecasts higher infrastructure investment"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Investment in infrastructure is expected to reach R$ 578.9 billion (US$ 161.5 billion) from 2015 to 2018 in Brazil, exceeding by 19.9% the amount invested from 2010 to 2013, says a survey released this Friday (28th) by the Brazilian Development Bank (BNDES). The bank disclosed its projections on the same day the Brazilian Institute of Geography and Statistics (IBGE) revealed that the country&rsquo;s Gross Domestic Product (GDP) shrank 1.9% in quarter two from quarter one. <\/p>\n<p>However, the estimate for total investment in the country, including infrastructure and industry, is R$ 1.19 trillion from 2015 to 2018, a sum 1.57% smaller than in 2010 to 2013. The forecasts are part of a survey of investment perspectives conducted by the BNDES&rsquo; Economic Research and Monitoring Department.<\/p>\n<p>In a press release, BNDES said the study was last updated in July, and therefore takes into consideration the slowdown in Brazil&rsquo;s economy and the revision of Petrobras&rsquo; investment plans. Still, the survey claims the impact of economic adjustments is &ldquo;virtually&rdquo; unnoticeable when it comes to investment in infrastructure. &ldquo;This behavior reflects the importance of building, modernizing and integrating national logistics,&rdquo; the bank says. <\/p>\n<p>The areas of infrastructure expected to see higher investment from 2015 to 2018 than they did from 2010 to 2013 are electricity, telecom, roads, railways, ports and airports and urban mobility. The latter should receive an additional R$ 49.69 billion (US$ 13.86 billion), a 300% increase from the preceding period. Sanitation should be the only sector to see less investment.<\/p>\n<p>In the case of industry, however, investment in projects and development is poised to drop to R$ 612.3 billion by 2018, down 15.8%. The estimates point to a decline in investment in oil and gas, mineral extraction, foods, beverages, iron and steel, chemicals, sugar and energy, and auto. Conversely, investment should grow in customer electronics, aerospace and defense, pulp and paper, and the health industry. <\/p>\n<p>BNDES has said the survey is right 90% of the time. It also said the survey covers projects with and without its support. The survey is not an indication of the amount of financing the bank will disburse. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-179269\">Edsom Leite\/Ministry of Transport<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The state-run Brazilian Development Bank estimates that US$ 161.5 billion will be spent in the sector from 2015 to 2018. However, a survey points to a decline in investment in industry during the period.<\/p>\n","protected":false},"author":2316,"featured_media":179269,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-51921","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"The state-run Brazilian Development Bank estimates that US$ 161.5 billion will be spent in the sector from 2015 to 2018. However, a survey points to a decline in investment in industry during the period.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/51921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=51921"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/51921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/179269"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=51921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=51921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=51921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}