Tuesday, 02 January 2024 12:17 GMT

Brazil looks for Arab financers who want to invest in infrastructure ventures


(MENAFN) With fresh state governors and a fresh leader, Brazil is anticipated to become fertile ground for global financers who want to invest infrastructure ventures. Gulf countries are well-organized to take part in that action.

Many causes make Brazil a perfect destination for funding at this time. Not only does it require to quickly improve its logistical systems and energy output infrastructures, but its authorities also learned during time that they require to operate with public-private partnerships if they want to have access to the needed investments and stimulate change.

Throughout the World Economic Forum in January in Davos, Brazil’s Finance Minister Fernando Haddad held a meeting with Saudi Investment Minister Khalid Al-Falih and talked about possible cooperation.

“They have investment funds and are paying attention to the calls for partnerships that the Brazilian government, the states and the municipalities will open from now on. That is good because it will make available a significant volume of funds,” Haddad stated after the gathering.

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