Brazil looking for investment in infrastructure

Brazil road
Brazil has certain infrastructure shortcomings that need to be addressed by investors

As Brazil gets ready to host the 2014 World Cup Soccer tournament and the Olympic Games in 2016, it is eager to attract investment among others from Southeast Asia in direly needed infrastructure projects.

By Mariana Angela Garcia

The CEO of investment bank BTG Pactual, Andre Esteves, and the country’s finance minister, Guido Mantega, recently pitched Brazil’s potential to hundreds of bankers and business leaders at the road show’s launch in Sao Paulo this week according to Reuters.

However, Brazil is somewhat struggling to attract investors as returns have been relatively low in the past. Mantega announced that the government reduced its projections to 4 per cent from 5 per cent annual demand growth but is willing to improve financing terms to widen investors’ margins. As private investment is one of the weakest pillars of Brazil’s economy, the government is striving to improve investment incentives.

In the coming weeks, Esteves, Mantega and a team of the government’s technocrats in logistics,power generation, transmission and oil and gas are taking the sales pitch to London, New York, and potentially Tokyo and Singapore. They are committed to attract $460 billion in infrastructure investments through 2015.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

[caption id="attachment_6913" align="alignleft" width="300"] Brazil has certain infrastructure shortcomings that need to be addressed by investors[/caption] As Brazil gets ready to host the 2014 World Cup Soccer tournament and the Olympic Games in 2016, it is eager to attract investment among others from Southeast Asia in direly needed infrastructure projects. By Mariana Angela Garcia The CEO of investment bank BTG Pactual, Andre Esteves, and the country's finance minister, Guido Mantega, recently pitched Brazil’s potential to hundreds of bankers and business leaders at the road show’s launch in Sao Paulo this week according to Reuters. However, Brazil is somewhat struggling to...

Brazil road
Brazil has certain infrastructure shortcomings that need to be addressed by investors

As Brazil gets ready to host the 2014 World Cup Soccer tournament and the Olympic Games in 2016, it is eager to attract investment among others from Southeast Asia in direly needed infrastructure projects.

By Mariana Angela Garcia

The CEO of investment bank BTG Pactual, Andre Esteves, and the country’s finance minister, Guido Mantega, recently pitched Brazil’s potential to hundreds of bankers and business leaders at the road show’s launch in Sao Paulo this week according to Reuters.

However, Brazil is somewhat struggling to attract investors as returns have been relatively low in the past. Mantega announced that the government reduced its projections to 4 per cent from 5 per cent annual demand growth but is willing to improve financing terms to widen investors’ margins. As private investment is one of the weakest pillars of Brazil’s economy, the government is striving to improve investment incentives.

In the coming weeks, Esteves, Mantega and a team of the government’s technocrats in logistics,power generation, transmission and oil and gas are taking the sales pitch to London, New York, and potentially Tokyo and Singapore. They are committed to attract $460 billion in infrastructure investments through 2015.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

1 COMMENT

Leave a Reply