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Road concession auction: a move in the right direction

Overview

The Brazilian government will sell concession rights to operate seven major highways on 9 October. The sale of these concessions is a breakthrough for the Lula administration, which has struggled – both ideologically and politically – with the participation of the private sector in infrastructure projects. The decision to sell these concessions is an indication that the government finally recognises that ever more urgent infrastructure upgrades and its own stated targets for...

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