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Article: Investments lower than US$10bil.
- Article from:
- South American Business Information
- Article date:
- June 30, 2003
CopyrightCOPYRIGHT 2003 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Brazil, Jun 29, 2003 (Folha de Sao Paulo/SABI via COMTEX)
According to the Brazilian association of infrastructure and key industry Abdib (Associacao Brasileira da Infrastra-estrutura e Industrias de Base), the public and private sectors planed to invest US$15mil in infrastructure in 2003, but the resources might not exceed US$10bil. Abdib says that the demand for investments in infrastructure, mainly in the power, petroleum and gas sectors, is of US$20bil per year. In 2002, the estimate was to invest US$22bil in infrastructure and in the key industry, but this figure was of US$14.3bil. In 2001, the prediction was of US$25mil, but US$20bil was invested. According ...
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