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

  • Report highlights world demand for asphalt to grow
    December 4, 2015
    Global demand for asphalt is projected to expand 2.8%/year until 2019 and will reach 122.5 million tonnes. These gains will be driven by growth in China and other developing countries as they work to improve their transportation infrastructures. This report has been published by the US-based Freedonia Group.
    Read More
  • The IRF India Regional Conference is seeing its 9th edition this year
    July 7, 2015
    The IRF Geneva said that India has the dubious distinction of claiming the highest number of fatalities by road crashes. More than 10% of road-related deaths occur in India alone, and this poses a serious challenge, being the major killer of young and productive lives. While India’s infrastructure programme is being lauded all over the world and high rate of growth has been achieved for the 1.25 billion strong democracy, a significant 3% of the GDP is lost every year due to the uncontrolled and unmanaged
    Read More
  • Major highway growth in Portugal
    April 12, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved In Portugal, out of 3,600km of main national roads (IP+IC), some 1,500km of motorways/high-capacity routes are financed under public-private partnership (PPP) agreements. These are tolled either using shadow tolls (these are being phased out) or real tolls, and plans are in hand to make routes multi free-fl
    Read More
  • High fuel prices impact on global trade
    February 27, 2012
    Official statistics can often reveal the blindingly obvious to anyone with the remotest level of common sense. A report from the UK's Office for National Statistics presents a fine example, stating that fewer journeys were made during the recession.
    Read More

Highlighted Content