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Brazil Announces R$198 Billion Plan in Infrastructure

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazil’s government unveiled plans for investments of R$198.4 billion (US$64 billion) in the country’s infrastructure with the objective of boosting the nation’s ailing economy. The investment will focus on expanding and improving rail lines, airports, ports and highways, through privatizations.

According to President Dilma Rousseff this new stage of infrastructure programs marks a ‘turning point’ for the government in its quest for the recovery of the country’s economy.

“For us, development means investments, jobs, income and quality of life. It means the capacity . . .

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