In an interview with CNN this Thursday (9), Natália Marcassa, CEO of MoveInfra stated that, for investments in the infrastructure sector to be effective, it is necessary to have a more “accommodating” interest rate and an economic environment with less unpredictability.
“We need a more predictable environment. These are long-term deals in which the interest rate has to be more accommodating. The growth of the Gross Domestic Product (GDP) is important in this trajectory for the business to be viable. And, bringing in and adding unpredictability, it makes the decision more difficult,” he said.
The CEO commented on the speeches of the Minister of the Civil House, Rui Costa. The minister stated that the government intends, next week, to issue a decree with changes to the Sanitation Legal Framework.
The minister also said that the Executive should review the role of the National Water and Basic Sanitation Agency (ANA), removing from it the role of setting reference standards for the sector.
Another amendment currently being discussed in Congress, presented by Deputy Danilo Forte (União), proposes to transfer a significant part of the decision-making power of federal regulatory agencies to councils formed by representatives of ministries, consumers, companies, academia and civil society organizations.
“Taking power away from the regulatory agency is, of course, minimizing investment. It is, for sure, to scare the investor”, said the CEO.
Marcassa also stated that an issue to be discussed regarding infrastructure is the financeability of the projects.
“The super important question is about financeability. We have a very high interest rate, with a lot of investments contracted and we need to discuss the financing of these projects”.
Watch the full interview in the video above.
Source: CNN Brasil
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