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Brazil’s infrastructure ministry expects US$49 billion in private investment by end of 2022

RIO DE JANEIRO, BRAZIL - Infrastructure Minister Tarcisio de Freitas said on May 14 that concessions of public assets to private enterprise will yield the country approximately R$260 (US$49) billion in infrastructure investments by the end of 2022.

According to Freitas, the amount is approximately 40 times the ministry's budget.

"We will hold some major auctions in 2021 and we will hold important auctions in 2022, and R$260 billion means 40 times the Ministry . . .

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