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By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – International investors are still weary of investing in projects in Rio de Janeiro stated the state’s governor-elect, Wilson Witzel on Monday. According to Witzel, one of his goals after taking office is to carry out public-private partnerships (PPPs) to attract new investments to Rio.

"International investors see Rio de Janeiro as a hostile environment due to legal uncertainty. We want to establish an honest, direct and frank dialogue with the business community," said the Subscribe to our Premium Membership Plan. Already Subscribed?