By Lisa Flueckiger, Senior Contributing Reporter
RIO DE JANEIRO, BRAZIL - Data collected by the IPEA Institute (Institute for Applied Economics Research) shows that only 65 percent of all transportation infrastructure investments that were planned by Brazil's federal government between 2003 and 2014 were actually executed. Low quality of planning, bureaucracy and delays in obtaining necessary licenses were cited as the main causes.
The institute showed with its data that the low advancement in infrastructure development in Brazil therefore is . . .