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Scenario and Strategy | Economy

THE COMBINATION OF ECONOMIC GROWTH, PRE-SALT PETROLEUM EXPLORATION AND THE HOLDING OF MAJOR SPORTING EVENTS IN BRAZIL HAS GIVEN RISE TO THE NEED FOR INVESTMENTS IN INFRASTRUCTURE. ECORODOVIAS IS WELL PLACED AS A MAJOR PLAYER IN THIS SCENARIO.

Road network of
1.72
million kilometers

Over the last decade, Brazil has made significant progress on the macroeconomic front, with the reduction in its external vulnerability being a major achievement.

In spite of the international financial crisis of 2008, the main risk rating agencies awarded Brazil the investment grade seal, significantly strengthening the Country's image on the global scenario, which got a major boost shortly afterwards as a result of the discovery of petroleum reserves in the pre-salt layer. Among the positive results, Brazil was chosen to host the 2014 World Cup and the 2016 Olympic Games.

This made it even easier to reduce poverty levels in Brazil, increase investments in Brazilian companies, strengthen the labor market and make credit easily available to the population; among the positive measures adopted by the government, highlight goes to the monetary stimulus (interest rate) and fiscal (tax exemption) initiatives. However, Brazil still records major shortcomings in terms of the highway transportation of cargo for the outflow of Brazilian produce, particularly on the highways managed by the government. The Country's main ports need to be better prepared to receive an accelerated growth in demand, as it is estimated that the volume of cargo handled will grow over the next few years. For this purpose, the ports would need more investments by the government, which would facilitate the movement of ships and access by land to these locations. However, although the logistical and port structures will be expanding, the larger and more urgent investments are being carried out slowly, due to the fact that the public sector does not have sufficient funds to meet the entire demand; therefore, opportunities arise for the private sector.