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A Stage for All the World: Brazil
In many ways Brazil is no longer an emerging market — the country has emerged. There are flashes of the old Brazil in the form of its bureaucracy and a faint, lingering whiff of corruption as the country grapples with the challenge of preparing for the FIFA World Cup in 2014 and the 2016 Olympic Games, but there is little doubt that Brazil has arrived and that the environment for increased foreign infrastructure investment has reached a turning point.
Aside from a very focused — some would say frantic — effort to develop infrastructure in advance of two major sporting events, a pervasive demand for investment in roads, rail, mass transit, ports, energy and airports exists in South America’s largest country.
“Brazil provides a unique, attractive infrastructure investment opportunity,” says Paulo Coelho, Brazil country manager for the infrastructure and