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Brazil courts foreign investment to expand rail and highways

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By Catarina Demony and Lisandra Paraguassu LISBON (Reuters) - Brazil hopes to attract some 180 billion reais ($36.6 billion) of private investments in ...

By Catarina Demony and Lisandra Paraguassu LISBON - Brazil hopes to attract some 180 billion reais of private investments in new rail and highway projects over the next threeCountering the culture war with education and empathy | SaltWire #TransRights #HalifaxProtestLISBON - Brazil hopes to attract some 180 billion reais of private investments in new rail and highway projects over the next three years, its Transport Minister Renan Filho told Reuters on Thursday.

Filho said in an interview that Brazil's government will also invest some 80 billion reais during President Luiz Inacio Lula da Silva's 2023-2026 term. But roughly 35 tenders should draw over twice that much investment from the private sector. Brazil's Transnordestina railway, which has been under construction for over 15 years but is only half completed, could be key to that expansion, said the minister, part of a powerful political family in the northeastern state of Alagoas.

 

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Brazil courts foreign investment to expand rail and highwaysBy Catarina Demony and Lisandra Paraguassu LISBON (Reuters) - Brazil hopes to attract some 180 billion reais ($36.6 billion) of private investments in ...
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