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Provided by Lobo de Rizzo Advogados
In 2023, the infrastructure sector in Brazil demonstrated resilience and growth, showing significant recovery and growth after facing challenges in previous years. The government implemented various initiatives aimed at attracting investments and stimulating infrastructure development across the country. Notably, 2023 was a landmark year for the delegation of ports, specifically in port leasing, and for highways, with the concession of numerous segments at both federal and state levels, alongside the development of projects in the sanitation sector.
The Brazilian government continued to prioritize infrastructure development to stimulate economic growth. Various investment initiatives, including public-private partnerships (PPPs) and concessions, were rolled out to attract private sector participation in infrastructure projects.
Some key highlights and trends in the sector during 2023 might include:
· Renewable Energy: particularly in wind and solar power;
· Transportation Infrastructure: significant investments were made in transportation infrastructure, including roads, railways, ports, and airports;
· Urban Infrastructure: with investments in projects such as water supply, sanitation, and urban mobility;
· Environmental Considerations: environmental sustainability and resilience were integral considerations in infrastructure planning and development.