[uam_ad id="317182"]

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The Brazilian government hopes to obtain an extra R$15 billion in investments from the extension of concessions given to the private sector of rail lines and highways. The government announced last week it was allowing the extension so that private companies may make additional investments not foreseen in the current contracts.

"The measure contributes to accelerate investment and re-energize the infrastructure sector, as well as improving services to users," explained Minister of Planning, Development and Management, Dyogo Oliveira, during a press conference on Friday, November 25th.

According to . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?