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AmericasDecember 15 2011

No quick fix to Brazil's huge infrastructure needs

Brazilian infrastructure is in desperate need of investment if it is to support the country's growing economy. But with restrictions on foreign investment, limited public and domestic funding and opposition to further development from environmentalists, taking advantage of the plethora of opportunities in this sector is not straightforward.
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No quick fix to Brazil's huge infrastructure needs

Carlos Biedermann lives in the southern Brazilian city of Porto Alegre, where he heads the capital projects and investments division of consultancy firm PricewaterhouseCoopers (PwC). His newly created team advises states and the federal government on the development of transport, logistics and energy networks in the country, and was set up in response to the growing number of business opportunities generated by Brazil’s urgent need for infrastructure.

“Brazil is living in a unique moment,” says Mr Biedermann. “I am 58 years old and I have never in my whole life seen a moment like this.” The country has been growing at such a speed that Brazil’s existing infrastructure struggles to support it.

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Silvia Pavoni is editor in chief of The Banker. Silvia also serves as an advisory board member for the Women of the Future Programme and for the European Risk Management Council, and is part of the London council of non-profit WILL, Women in Leadership in Latin America. In 2019, she was awarded an honorary fellowship by City University of London.
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