Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, May 8th 2024 - 04:51 UTC

Tag: Brazil investment

  • Thursday, March 9th 2017 - 13:55 UTC

    Temer launches 55 infrastructure projects to boost private investment and create 200.000 jobs

    “We are leaving behind a deep recession and entering in a phase of prosperity where private investment will be decisive,” said the president

    Brazil's President Michel Temer launched an infrastructure concessions program on Tuesday that he said should raise 45 billion Reais (US$14.43 billion) in investment in building and operating roads, port terminals, railways and power transmission lines. Temer said the program was key to restoring an attractive business environment as Brazil struggles to emerge from its worst-ever recession.

  • Wednesday, June 10th 2015 - 06:04 UTC

    Brazil launches ambitious $64bn infrastructure package to prop the economy

    “Today is an important day in my second term. We're here especially to renew our commitment to the development of our country” said Rousseff.

    Brazil announced a $64 billion infrastructure spending package on Tuesday, hoping to revive its flagging economy with investment in highways, railroads, ports and airports. Businesses and analysts have long pointed to overburdened infrastructure as a drag on the world's seventh-largest economy, which pays high prices to ship the raw materials it exports.