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Montevideo, December 23rd 2024 - 03:53 UTC

Tag: infrastructure investment

  • Tuesday, May 31st 2011 - 07:47 UTC

    Brazil plans massive infrastructure investment in next four years

    Luciano Coutinho, head of the BNDES, Brazil’s pivotal bank in support of Brazilian corporations

    Brazil’ president of the Economic and Development Bank, BNDES, Luciano Coutinho said that the country’s investment rate in the coming four years will be equivalent to 23% of GDP, sufficient to ensure a sustained robust long term growth of Latin America’s largest economy.