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🇧🇷 Brazil /Economy & Trade

Brazil Transport Confederation Proposes R$ 2 Trillion Investment Plan to Presidential Hopefuls

From Folha de S.Paulo · () Portuguese

Translated from Portuguese, summarized and contextualized by DistantNews.

At a glance

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  • The National Confederation of Transport (CNT) is presenting a ten-point plan to presidential candidates, advocating for R$ 2.03 trillion in transport and infrastructure investments.
  • The plan, titled "Transport Moves Brazil," also calls for increased public budget allocation for infrastructure and better integration of transport modes.
  • CNT aims to boost private sector financing through concessions and public-private partnerships to expand investment capacity.

The National Confederation of Transport (CNT) is set to present its "Transport Moves Brazil" agenda to presidential candidates, outlining ten proposals for the sector. This comprehensive plan calls for a significant investment of R$ 2.03 trillion in transport and infrastructure, aiming to drive national development.

A key component of the CNT's proposal is the recomposition of the public budget, which is crucial for the construction, maintenance, and modernization of infrastructure. Furthermore, the confederation emphasizes the need for greater integration between various transport modalities to create a more efficient and cohesive national network.

To achieve these ambitious investment goals, the CNT also advocates for expanding private sector involvement. This includes promoting concessions and public-private partnerships (PPPs) as vital mechanisms to increase the sector's investment capacity and leverage private capital for infrastructure development.

The plan will be formally delivered to candidates starting Monday, and will also be presented during the CNT Forum for Transport Debates in August. This forum is expected to feature candidates who are currently leading in opinion polls conducted by the entity, providing a platform for discussion on the future of Brazil's transportation sector.

DistantNews Editorial

Originally published by Folha de S.Paulo in Portuguese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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