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LatinNews Daily - 21 December 2021

In brief: Brazil’s infrastructure minister touts achievements

* Brazil’s infrastructure minister Tarcísio Gomes de Freitas has presented a balance of his ministry’s work this year and declared that Brazil “will be the country with the biggest private infrastructure in the world”. “We have everything that an investor wants: a country that is huge, with a big consumer market and great potential for growth,” Gomes de Freitas said. According to the information presented by Gomes de Freitas, the infrastructure ministry delivered on 108 public works projects this year and held 39 successful auctions, which combined guarantee R$37.6bn (US$6.55bn) in private investment over the next few years, in railways, airports, roads, ports, and waterways. Between 2019 and 2020, R$89bn were pledged in investment; the government hopes to guarantee at least a further R$150bn in 2022, through the concession or renovation of contracts for 16 airports, some 8,800km of roads, and railways.

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