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ARTICLE · 11 FEBRUARY 2016

Brazilian Government Launches A US$ 65 Billion Concessions Package For Infrastructure Projects

The plan was presented by the Planning Minister, Nelson Barbosa.

BrazilTransport

After around a month and a half of preparation and announcements, this Tuesday (June 9) the Brazilian Federal Government finally launched the next stage in the 'Programa de Investimento em Logística' ('Logistics Investment Program' / 'PIL'). The program plans investments of up to R$ 198.4 billion (US$ 64.6 billion) in the form of concessions to the private sectors involved in the construction and operation of railroads, highways, ports and airports. Of this total, R$ 69.2 billion is planned to be invested by 2018.

The plan was presented by the Planning Minister, Nelson Barbosa. During the presentation, he stressed the need for new investments for the country's economy to take hold once again, and noted that, for it to do so, there was a need to ensure macroeconomic stability, regulatory predictability, participation by the private sector and coordination between the public and private sectors. When discussing the set of directives for the concessions, he highlighted

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