Brazil to launch US$50 billion in infrastructure tenders

Brazil's federal government is expecting to launch some US$49.7 billion in tenders for infrastructure projects within the next few months. According to the finance ministry's deputy secretary of economic affairs Leonardo Lima Machado, some of the tenders will be for highway, railway, and port concession projects, local daily Valor Econômico reported. Other tenders are expected for electrical energy and telecommunications, Machado said during an infrastructure roundtable at São Paulo state industry fe
May 30, 2014 Read time: 1 min
Brazil's federal government is expecting to launch some US$49.7 billion in tenders for infrastructure projects within the next few months.

According to the finance ministry's deputy secretary of economic affairs Leonardo Lima Machado, some of the tenders will be for highway, railway, and port concession projects, local daily Valor Econômico reported.

Other tenders are expected for electrical energy and telecommunications, Machado said during an infrastructure roundtable at São Paulo state industry federation Fiesp.

For energy, one of the main tenders expected is for the 800MW São Luiz do Tapajós plant on the Xingu river. For telecommunications, telecoms regulator Anatel is expected to tender the 700MHz band for 4G mobile internet.

To help release investments, long-term bonds need to be offered to assist the role of national development bank BNDES, according to economist Francisco Luiz Cazeiro Lopreato of Campinas University.

Related Content

  • US traffic fatalities fall in 2014, but early estimates show 2015 trending higher
    December 22, 2015
    The US saw a slight decline in traffic deaths during 2014, according to the Department of Transportation's National Highway Traffic Safety Administration (NHTSA). However, an increase in estimated fatalities during the first six months of this year reveals a need to reinvigorate the fight against deadly behaviour on America's roads, NHSA says.
    Read More
  • Collision avoidance systems market ‘worth US$50.38 billion by 2020’
    December 2, 2015
    New research from MarketsandMarkets claims that the collision avoidance systems market is expected to grow from US$31.19 billion in 2014 to US$50.38 billion by 2020 at a CAGR of 7.74 per cent. The report, Collision Avoidance Systems Market by Device, Technology, Application (Automotive, Aerospace, Railway, Marine, and Construction & Mining), and Region (North America, Europe, Asia-Pacific, and RoW) - Global Trend & Forecast to 2020, says the market is expected to be driven by the growing focus of consumers
    Read More
  • Georgia Yexley: Here's how micromobility can deliver public good
    June 27, 2023
    Georgia Yexley, founder of Loud Mobility, looks at the lessons on diversity, equity and inclusion which can be learned from the US and wider – and explores why it is a vital component for industry growth in the UK
    Read More
  • 50 years of Cubic Transportation Systems
    August 25, 2022
    If you detect an air of celebration on the Cubic stand, there’s a good reason for it. June 2022 marked 50 years of Cubic Transportation Systems. While Cubic Corporation started 70 years ago, the transportation business began in 1972 and has since been nurtured and developed into a successful $1 billion enterprise and an established leader in the transportation industry.
    Read More

Highlighted Content