Brazil, New infrastructure projects

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Alessandro_Pasut_3

Brazil

The Government of Brazil puts 30 Billion R$ in order to realize new Infrastructure Projects involving involve motorways, railways, ports, airports, mining, petrol, gas and electric energy facilities.
Michel Temer says that public banks and the Unemployment Guarantee Fund (FGTS) will grant USD 9.3 billion with tariffs and rates of return that are defined by the markets.
The Government will also allow the renegotiation of terms of contracts of old concessions that are might facing financial difficulties.
The above funds will come from R$12 billion (US$ 3.6 billion) FGTS (3.6 billion USD), together with 5.4 billion USD coming from the National Economic and Social Development Bank.
Also the Banco do Brazil will put money on the new infrastructure Projects but the exact amount is still to be decided.

 

 

 

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