Brazil Expects to Receive R$50 Billion in Infrastructure Investments in 2020

Brazilian Minister of Infrastructure, Tarcísio Freitas, was recently in the United States when he held several business meetings with some 68 potential foreign investors, mainly Americans and Canadian.

Rio de Janeiro, Brazil - Brazil may receive R$50 (US$12.5) billion in national and foreign investments in infrastructure in 2020.

The estimate is by the Minister of Infrastructure, Tarcísio Freitas, who attended, on September 25th, the inauguration of the new runway of the Santos Dumont Airport, in Rio de Janeiro.

He was in the United States recently, when he held several business meetings with foreign investors, mainly Americans and Canadians.

"We met with 68 funds, investment banks, pension funds, sovereign wealth funds. There were 21 meetings. If we add up the assets managed by the funds alone . . .

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