March 7, 2017 |
The Brazilian government has been working to attract investors to the country’s infrastructure sector, revamping concessions contracts and increasing the internal rates of return to help rebuild Brazil’s crumbling infrastructure.
The government has increased the estimated returns on infrastructure investments in the hopes of making projects more bankable, says Marcelo Allain, the secretary of investments and partnerships at the state agency Investment Partnerships Program, or PPI.
Allain says the administration of President Michel Temer wants to use financing models that move away from a reliance on discounted loans from the national development bank BNDES for projects to entice developers,
Brazil's government hopes to attract more investors into infrastructure by increasing returns and revamping concessions contracts, says the secretary of investments and partnerships