London, 31 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Railway Infrastructure Spending Market in Brazil 2015-2019, which is expected to grow steadily during the period 2014-2019, posting a CAGR of 1.44 percent.
The Government of Brazil is taking initiatives for the expansion of railway lines in the country. It is planning to construct a 6,214-mile railway network in the country. The government is also giving greater importance to Private sector participation in the improvement of the overall transport infrastructure of the country. To attract foreign investors, the government is also offering several tax benefits, where the interest received by foreign players through investments in infrastructure bonds will not be subject to income tax.
“The Government of Brazil is seeking help from China and the National Development and Reform Commission of China in the form of investment in railway infrastructure,” says Faisal Ghaus, Vice President of TechNavio.
“These investments will not only increase the demand for railway services but will also help gain expertise for the development of railway infrastructure in Brazil.”
Key Market Drivers
- Rise in PPP
- Increased Government Initiatives
- Rise in Population and Growth of Tourism in Brazil
Key Market Trends
- Development of HSR Network
- Upcoming Sports Event in Brazil
- FDI
Key Market Vendors
- Construcap-CCPS Engenharia e Comércio SA
- Odebrecht Group
- Queiroz Galvao Group
- VALEC
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
