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You are here » Home Page
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» Brazil Infrastructural spending set to increase.
Brazil Infrastructural spending set to increase.
2013-01-22
source own
The Brazilian Government is spending heavily to improve its country's infrastructure. To maintain sustainable growth in Brazil the government plans to rapidly increase the amount of money it will invest to improve and upgrade Brazil's Roads, Airports, Railways and Ports. In recent weeks it announced that it will spend $ 26.5 Billion Dollars on improving its ports such as increased dredging and to improve landslide access over the next 5 years . With this pledge of investment in its ports infrastructure its means investment will of has been increased by 17 times the amount of money invested in the next five years when compared to what has been spent over the last decade.
Improving Brazil's Infrastructure will benefit all industry but it's seen as particularly important to its Mining and Agricultural sector, as these are Brazil's largest export earners then any improvements will greatly benefit the whole of the Brazilian economy.
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