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                   Infrastructure                    INVESTMENT IN SCHEDULED   US$ BILLION
                                                      CONCESSIONS (ESTIMATE)
                        and Logistics                         Logistics          121.0

                                                              Roads
                                                                                  21.0
                                                             Railways             45.5
            Investing in Brazilian infrastructure makes good
            business sense. As one of the world’s largest con-  Ports             27.3
            sumer markets and a major global exporter, Brazil
            depends upon logistics and transportation net-  High Speed Train (TAV)  17.8
            works to guarantee future competitiveness. The    Airports            9.4
            federal government has clearly recognized the
            importance of national infrastructure for Brazil’s   Energy           74.0
            growth by launching two hallmark programs:        Hydro               39.9
            the Accelerated Growth Program (PAC), created
            in 2007 and financed from public funds, and the   Wind, Biomass and Small Hydro  19.0
            Logistics Investment Program, launched in 2012
            to liberalize conditions for the private sector to   Thermal          1.4
            invest in infrastructure assets.                Distribution          13.7
                                                              Oil&Gas            202.5
                                                               Total             397.5


                                                    Source: Ministry of Finance



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