28 August 2012 12:05 [Source: ICIS news]
The transport of bulk chemicals will benefit from wider roads with better connections to cities, resulting in improved supply chains, he said. “
The Brazilian government announced plans earlier this month to sell licenses to build and operate roads and railways that will require as much as $66bn (€53bn) in investments over 25 years. Similar measures are expected for airports and seaports in the coming weeks.
As long as the concessions are attractive enough to generate investor interest, the move will help clear
The announcement comes as
“This shows a willingness of the Brazilian government to use private investment to expand rapidly the country’s logistics network,” Parodi said.
With these investments, the cost of transporting chemicals will decrease, and port improvements will help cut the operational costs of importing raw materials, he said.
“Its public knowledge that they need to improve it [transport systems]. It will demand huge amounts of capital and it is positive to see the government open to private industry capital for these investments,” he said.
The transport projects, combined with other government measures such as improvements in
($1 = €0.80)
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