Warning: pg_exec() [function.pg-exec]: Query failed: ERROR: could not write block 1 of temporary file: No space left on device HINT: Perhaps out of disk space? in /var/www/construpages/engine/nl.obj on line 169
Traductor
Units converter
Advertising
Quotes on line
2015 CONEXPO LATINAMERICA
2015 World Crane and Transport Summit
2014 International Cranes and Transport Latin America
World of Concrete 2015


Warning: pg_exec() [function.pg-exec]: Query failed: ERROR: could not write block 1 of temporary file: No space left on device HINT: Perhaps out of disk space? in /var/www/construpages/engine/nl.obj on line 169

   Search News
RSS
Country needs infrastructure improvements, lacks long-term funding - Moody's (Brazil)
2010-10-07
Brazil needs to improve its transportation infrastructure to support the economic growth it is experiencing, according to a report by Moody's on the key trends and challenges of increasing infrastructure investments in the country.

 

The favorable economic environment has attracted both domestic and international investors to Brazil's infrastructure sector and growth is expected to continue over the next 10 years, according to the report.

 

"However, one of the biggest challenges to expanding investment levels - specifically in infrastructure - is Brazil's lack of adequate long-term funding," said Moody's vice president-senior analyst Jose Soares.

 

The 2014 FIFA World Cup and 2016 Olympic Games to be hosted in the country create even more urgency, especially when it comes to airport capacity and urban transportation facilities.

 

This, along with the bottlenecks at seaports and the poor condition of rail and roads all need to be taken into consideration, the report said.

 

Infrastructure projects are being funded by federal financial institutions such as national development bank BNDES, savings bank Caixa Economica Federal (CEF), Banco do Brasil (BB) and Banco do Nordeste do Brasil (BNB).

 

"These institutions play an important role in Brazil's development but they can't afford to provide loans at subsidized interest rates indefinitely and they don't have the resources to fund all of the country's infrastructure needs," Soares said.

 

Therefore, long-term infrastructure projects will need to rely increasingly on private sector investments that come through both local and international capital markets.

 

The report also highlighted that sanitation and electrical system improvements are needed in the country.


Send this publication to a friend




More news

Warning: pg_exec() [function.pg-exec]: Query failed: ERROR: could not write block 1 of temporary file: No space left on device HINT: Perhaps out of disk space? in /var/www/construpages/engine/nl.obj on line 169
...
...
...