Between 2015 and 2016, Brazil was mired in a recession that affected federal and state budgets and investments in crucial areas such as infrastructure. This led to the scrapping of several projects.
For the next few years, we project that the fiscal scenario will continue to suffer difficulties, in addition to a more adverse global atmosphere which will impact financing and the race to attract investors.
Meanwhile, due to corruption scandals and economic difficulties, a disenchanted citizenry could turn to candidates who do not belong to traditional political parties in October elections, adding to the uncertain atmosphere.
The latest polls indicate that far-right legislator Jair Bolsonaro and the ex-environment minister and ecologist, Marina Silva, are the favorites. However, that could change if former president Luiz Inácio “Lula” da Silva were allowed to compete. He is currently serving a sentence in prison after being convicted of passive corruption and money laundering, but leads in polling.
4. Graph: Weak Transport Infra Rating
5. Planning and legal security
- Table: Highway PPPs
6. Advances after Lava Jato
- Table: Railways PPPs
7. Private investment
- Graph: Investment in Infra
- Table: Port PPPs