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ARTICLE · 20 MAY 2016

The Brazilian Investment Partnerships Program

One of the first measures adopted by the Vice-President Michel Temer, who is now the Head of the Brazilian Executive Branch as a result of the process of impeachment of Dilma Rousseff ..

BrazilGovernment, Public Sector

One of the first measures adopted by the Vice-President Michel Temer, who is now the Head of the Brazilian Executive Branch as a result of the process of impeachment of Dilma Rousseff, was to make it clear to the market that the new Brazilian Government will welcome the participation of the private sector in the public infrastructure projects.

The matter is regulated by Provisional Measure No. 727, of May 12, 2016 ("MP 727/2016"), that creates the Investment Partnerships Program (Programa de Parcerias de Investimentos – PPI) for the expansion and strengthening of the interaction between the State and the private sector through the conclusion of partnership agreements for the implementation of public infrastructure projects and other privatization measures.

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