Brazil’s road budget bubble bursting?

A shortage of funds could affects Brazil's road infrastructure plans. The country’s national department of transport infrastructure, Dnit, may have to halt activities in 2016 due to a lack of funds. Dnit manages the maintenance of existing roads in Brazil but has already had to suspend road paving and expansion works throughout the country due to a lack of finances. Unless further funds are found, Dnit will only be able to finance projects until August 2016. Dnit saw its budget for 2016 set at US$1.76 billi
March 30, 2016 Read time: 1 min
A shortage of funds could affects Brazil's road infrastructure plans. The country’s national department of transport infrastructure, Dnit, may have to halt activities in 2016 due to a lack of funds. Dnit manages the maintenance of existing roads in Brazil but has already had to suspend road paving and expansion works throughout the country due to a lack of finances. Unless further funds are found, Dnit will only be able to finance projects until August 2016. Dnit saw its budget for 2016 set at US$1.76 billion, the same as in 2015, to cover maintenance and work on some 55,000km of roads. However, 40% of this sum went to pay off debts accumulated over previous years. The budget was further limited by the imposition of priority projects in a number of cities, which cost a further $406.15 million.
Finance & Funding

Related Content

  • Increased mobility for Mexico
    June 14, 2012
    Urban mobility is high on the infrastructure agenda in Mexico. Business News Americas spoke with Salvador Herrera, executive director of the Centre for Sustainable Transport (CTS), about the elements of a sustainable transport system and Mexico City's addiction to the car At the heart of Mexico City's transport policy is a contradiction that is typical of the country as a whole. The government is spending big on Line 12 of the metro system and has introduced the first Metrobús bus rapid transit (BRT) l
    Read More
  • Morocco sets strong road budget for 2015
    December 4, 2014
    The Moroccan Government is setting a healthy budget for road maintenance during 2015. The budget has been set at some US$486.2 million in 2015, according to the Ministry for Infrastructure and Transport. The money will mainly be used for road maintenance. In 2014, work was carried out to maintain some 1,000km of roads, with widening of some 630km of routes and repairs or rebuilding of 40 structures. The plan is to continue this programme into 2015. Over 1,800km will be modernised and by the end of 2015, 15,
    Read More
  • Vietnam invests in infrastructure improvements
    May 11, 2012
    Transport Infrastructure Vietnam 2012 has been organised by IQPC in partnership with the local authorities and will be held in Hanoi from 17-18 April, 2012. Further details can be found at www.transportinfrastructure-vietnam.com. A huge investment by Vietnam’s Ministry of Transport will see over US$5 billion spent on the country’s road transport infrastructure by 2020.
    Read More
  • Road repair and maintenance programme for Mexico
    April 10, 2014
    A budget of US$5 billion has been set for road construction, maintenance and modernisation projects in Mexico during 2014. The programme has been set out by the Secretariat of Transport and Communications (SCT), which published 2,191 tenders by March 2014 and expects 80% of resources to be tendered by May 2014. The projects include the Indios Verdes-Santa Clara viaduct, works to 300km of rural and agricultural roads in Quintana Roo and pavement restoration in Benito Juarez. Also included are the Mexico-Pue
    Read More

Highlighted Content