Brazil Will Sell Licenses for $66 Billion of Roads and Rails
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Brazil’s government will sell licenses to build and operate roads and railways requiring as much as 133 billion reais ($66 billion) in investments over 30 years to help boost growth in the world’s sixth-largest economy.
The government will sell licenses for private companies to operate 7,500 kilometers (4,660 miles) of roads and 10,000 kilometers of railways, Transport Minister Paulo Sergio Passos said during a ceremony in Brasilia today.