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? Login Here