Brazil delaying key infrastructure projects

Brazi llooks set to delay a number of key infrastructure projects until 2016. The Brazilian Federal Government's planned transport sector concession tenders will see investments close to US$46.58 billion in all. But these will be pushed back to 2016 due to the difficulty of launching all auctions in 2015 due to technical, economic and political limits. The tenders are revised versions of those promised previously. However only the airport tenders having been launched with success. Due to revisions in the pl
March 25, 2015 Read time: 1 min
Brazil looks set to delay a number of key infrastructure projects until 2016. The Brazilian Federal Government's planned transport sector concession tenders will see investments close to US$46.58 billion in all. But these will be pushed back to 2016 due to the difficulty of launching all auctions in 2015 due to technical, economic and political limits. The tenders are revised versions of those promised previously. However only the airport tenders having been launched with success. Due to revisions in the plans, the technical studies are required to be updated for the majority of the projects. This in turn has led to delays. With approval from regulatory bodies and public consultations still required, this makes it difficult for the projects to be launched in 2015. The financing for the projects is also not yet secured, with BNDES not expected to maintain subsidised interest rates on financing for new projects.
Finance & Funding

Related Content

  • Roads a priority in Oman’s $14.8bn infrastructure spend
    May 29, 2013
    An upcoming summit will look at opportunities offered by Oman’s infrastructure plans. Oman is planning to spend some US$14.8 billion on infrastructure in the coming years. The figure, almost half of the country’s 8th Five-Year Development Plan for 2011-2015, has been earmarked for overhauling roads, ports and airports with the objective to link the three modes of transport to improve interconnectivity. Oman’s huge infrastructure will include numerous road projects, bridge structures, tunnel constructions an
    Read More
  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
    Read More
  • Importance of continued transportation investment
    February 27, 2012
    The US infrastructure network requires urgent attention - * T Peter Ruane. America's transportation infrastructure was once the "shining light on top of the hill." Major investments in a national highway, bridge, transit, airport, port and waterway system during the 20th century paid great dividends. The free and efficient flow of goods and people across the 50 states led to unparalleled economic expansion. The mobility and prosperity resulting from an interconnected infrastructure was a model for the world
    Read More
  • Importance of continued transportation investment
    May 2, 2012
    The US infrastructure network requires urgent attention - * T Peter Ruane. America's transportation infrastructure was once the "shining light on top of the hill." Major investments in a national highway, bridge, transit, airport, port and waterway system during the 20th century paid great dividends. The free and efficient flow of goods and people across the 50 states led to unparalleled economic expansion. The mobility and prosperity resulting from an interconnected infrastructure was a model for the world
    Read More

Highlighted Content