Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Rift widens between Temer and Lower House Speaker Maia, Grace Fan, Elizabeth Johnson, 19 Oct 2017
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* Brazil: Foreign investors buoy energy auctions, Elizabeth Johnson, Grace Fan, 28 Sep 2017
* Brazil: Foreign investors buoy energy auctions, Elizabeth Johnson, Grace Fan, 28 Sep 2017

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The bad news about rail auctions

Overview

Thirteen months after the Dilma government first launched its ambitious infrastructure auction programme to sell 7,500km in road projects and 10,000km in rail projects to the private sector, the administration’s R$91 billion (US$40 billion) rail plan – which has now been extended to 11,000km of rail lines – still remains on the drawing board. A big stumbling block is the untested and still-problematic auction model, which has drawn fire not only from the private sector but also,...

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