Temer issues decree to speed up infra project approvals

- Monday, October 17, 2016

Temer issues decree to speed up infra project approvals

Following a number of economic and political hurdles that slowed down progress on several Brazilian infrastructure projects in the first half of this year, President Michel Temer has issued decree 8,874 to speed up the way in which priority projects are selected by streamlining their approvals.

Among the projects under the government's watch list are those related to building, expanding, maintaining, and updating infrastructure for transportation, logistics, energy, telecommunications, waterworks, and sanitation, the federal government announced in ithe official gazette, Diário Oficial da União.

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Some of the priority projects are those under the country's infrastructure program Crescer. A federal government delegation has visited a number of countries to present these developments, including Japan, China, Italy, Spain, the US and others.

The first tenders, which should be launched by 1Q17, include four airports, two port terminals, and oil & energy projects. By the end of 2017, tenders are expected to be set in motion for various highways, railways, waterworks, and oil and energy projects.