Brazil needs to further ramp up road investment

A report by the Brazilian industry body Ipea points to the need for massive investment to continue expansion and upgrades to the country's road system.
February 28, 2012 Read time: 1 min
A report by the Brazilian industry body 3283 Ipea points to the need for massive investment to continue expansion and upgrades to the country's road system. According to Ipea an eye-watering US$98 billion will be needed to upgrade existing links and build new roads to meet the country's continuing growth in transportation needs. A significant portion is required to build new roads and pave existing links as so many of Brazil's current non-urban roads are unsurfaced at present. However the Brazilian Government's PAC-2 investment plan has budgeted a mere 13% of the funds and finances that the Ipea report says is required. Ipea's report also points out that Brazil has a higher percentage of toll roads than the global average. According to Ipea the average number of toll roads in each country around the world is around 2% while Brazil's privately-owned toll roads account for 9% of the total network.
Highway & Network Management

For more information on companies in this article

Related Content

  • Bangladesh moves forward with US$735 million highways programme
    August 5, 2021
    A massive highways development programme is being planned in Bangladesh
    Read More
  • Infrastructure expansion will boost world growth
    October 11, 2013
    A report published by HSBC suggests that global infrastructure-related trade growth will double worldwide economic expansion and will triple in size by 2030. The report also suggests that Brazil and Mexico will drive the rise in imports and exports of infrastructure-related goods in Latin America, according to Business News Americas. HSBC said that between 2013 and 2030, infrastructure-related trade looks set to grow at an average of 9%/year. It will also see a rise in its share of overall merchandise trade
    Read More
  • Tackling the UK's traffic congestion
    February 28, 2012
    The biggest problem on UK roads is congestion, and there is no shortage of ideas as to how it should be tackled. Patrick Smith reports. Congestion (and how to relieve it), along with safety, are among the top priorities facing those responsible for looking after the UK's roads. Road pricing, car-share lanes, greener vehicle initiatives and alternative methods of transport such as buses, trams and rail are all part of the approach, but prior to the current economic climate the nation's love affair with the c
    Read More
  • Challenges and investment opportunities in East Africa transport infrastructure Sector
    November 21, 2014
    East Africa offers considerable potential for transport infrastructure expansion and investment - Shem Oirere reports Infrastructure, infrastructure and more infrastructure is what is needed to make East Africa the favoured destination and Kenya, Tanzania, Uganda and Rwanda have unveiled grand plans to enhance the infrastructure both nationally and regionally.” This is how market analyst Deloitte introduced its 2014/15 budget analysis for the four countries in July.
    Read More

Highlighted Content