The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.
Capital Markets

International and local financing attracted to Brazilian infrastructure

'Abundant' potential liquidity from international insurance companies and pension funds; with drop in rates, local capital markets financing is now cheaper than BNDES.

Private sector financing for infrastructure is beginning in Brazil, with international companies searching for the yields on offer in the sector and local companies increasingly seeing viable sources of medium-to-long term financing from the capital markets.

At the World Economic Forum in São Paulo in mid-March, CEOs of large construction companies confirmed their interest in committing money to the country’s huge infrastructure needs – and predicted a large pool of institutional investors’ capital would also be available to finance such projects.


Joe Kaeser,

“Once the government has a vision, and a plan in place, then investment will come [to finance Brazil’s infrastructure needs],” Joe Kaeser, Siemens’ president and chief executive officer, told the attendees of the São Paulo WEF. “Insurance companies in particularly will be keen to invest in infrastructure because [those investments] correlate with inflation, which is what they want in their portfolios.” 

Kaeser said he had had talks with Brazil’s president Michel Temer about the country’s need to develop an integrated plan to the country’s infrastructure needs, linking up governmental policies to finance, planning, energy and environment issues. 

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree