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ARTICLE · 24 MAY 2016

New Brazilian Government To Fast Track Infrastructure Projects

Brazil's new transition government has indicated that revitalizing the Brazilian economy is its main priority.

BrazilGovernment, Public Sector

Brazil's new transition government has indicated that revitalizing the Brazilian economy is its main priority. On Thursday, May 12, the federal government announced the so-called "Growing Plan" (Programa Crescer) to fast track infrastructure projects in Brazil. The Plan was introduced by Provisory Executive Order No. 727 ("PEO 727"), which creates the Investment Partnership Plan - PPI (Programa de Parcerias de Investimentos).

The main topics of PEO 727 are:

  1. the creation of the PPI Presidential Board (which will advise the Brazilian President), and an Executive Secretary fully dedicated to the Plan,
  2. specific proceedings to carry out projects,
  3. the creation of the Fund to Support Partnerships, and

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