Brazil needs public and private investment to grow, says Abdib

In an interview with CNN Rádio, the planning and economics director of the Brazilian Association of Infrastructure and Basic Industries (Abdib), Igor Rocha, stated that private investment is important, but that Brazil also needs public investment to solve the problem of infrastructure of the country.

“There is merit in having private investment placed as important, the problem is to think that one or the other will, alone, solve the whole problem, we need both, private and public, to solve it”, he said.

According to Rocha, from a private point of view, the sector invests in a similar way to developed countries like Denmark, England and Luxembourg and this is “important”, but he made a reservation: “What is missing today is the public leg.”

On Tuesday (7), Abdib estimated that the transport and sanitation sectors should receive around R$ 160 billion in investments by 2026, considering federal, state and municipal concession and public-private partnership initiatives.

Other sectors that will receive resources will be energy and telecommunications.

Igor Rocha assesses that infrastructure projects for the private sector “have had a good return”: “It is measured by the internal rate of return, which is the remuneration, the interest rate it will pay to the investor, which has been inviting, because when compared to other countries, Brazil has a higher rate than other countries, and the remuneration tends to be higher as well.”

“We have noticed a great appetite for Brazil, it attracts investment, which could be greater if some noise did not exist”, he pondered.

Reference: CNN Brasil

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