Brazil plans $66bn infrastructure spending
Stimulus package to help nation build roads and airports for World Cup and Olympics.
Published On 17 Aug 2012
Brazil’s President Dilma Rousseff has unveiled a stimulus package of nearly $66bn.
It is aimed at improving the country’s infrastructure as it prepares to host the 2014 World Cup and the 2016 Rio Olympic Games.
The money, raised through public-private partnerships, will be used to build 8,000km of new roads and railways, as well as major investments in ports and airports.
Al Jazeera’s Andy Gallacher reports.
Source: Al Jazeera