Grace Fan

Director, Brazil/Latin America Research

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Recent Brazil research

* Brazil: Cold winds blow on Temer, Elizabeth Johnson, Grace Fan, 22 Jun 2017
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* Brazil: Electoral court hints at 4-3 vote in favour of Temer, Grace Fan, Elizabeth Johnson, 8 Jun 2017
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* Brazil teeters on a political cliff edge, Larry Brainard, 2 Jun 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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