Brazil - Brazzil Mag - Brazil Plans Infrastructure Works to Generate 2 Million New Jobs

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Brazil will invest heavily in infrastructure this year, which will help create jobs and boost the economy said Brazilian President Luiz Inácio Lula da Silva during his weekly radio broadcast.

However some analysts believe original plans will have to be halved following a vote in the Senate that will cut tax revenues by the equivalent of US$ 21 billion.

But Lula continues insisting that he is optimistic and guarantees that in the coming weeks several of those major projects will be taking off.

"Many investments are about to begin,...in February, March, April almost all projects will begin generating jobs and giving more strength to our economy," he emphasized.

The Lula administration recently announced plans for major infrastructure investments and red tape clearance that should speed the program. Government economists are talking of infrastructure investments enough to generate as much as two million new jobs.

Capital investment is forecasted to expand 14% in 2008, the largest percentage in a decade according to Brazil's National Confederation of Industry.

Businessmen and investors have repeatedly complained that Brazilian roads full of craters, port facilities overloaded and insufficient railways are eroding Brazil's international competition capacities.

"We'll have a 2008 far better than 2007, with more jobs and more growth,", promised president Lula in his broadcast.

Independent economists believe the Brazilian economy expanded 5.1% in 2007 but will slow down to 4.5% this year.

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written by aes, January 04, 2008

There are those that would argue that it will become a 'boondoggle' but it is such a smart investment for the country and its people. Imagine Brazil with super highways and a highspeed rail. A Brazil with intelligent avionic architecture and state of the art radar. The economy has proven to be one of the best investments globally for 2007. Everything that is done for the long term benefit of Brazil's infrastructure will insure continued economic return on investment. There is no upper limit to the economy of Brazil. It is the will of the nation to make it so, that is the only impediment.

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AES
written by Shellly, January 04, 2008

There is no upper limit to the economy of Brazil. It is the will of the nation to make it so, that is the only impediment.

Aes, I believe the people want change. I think the only impediment are our corrupt politicians. Any project in Brazil is due to cost more in the end because of "bad management". The PAN project in Rio was an absurd. In the end, it benefited a few people. The schools and public hospitals need funding. Security is a issue in Rio and major cities in Brazil. The money could have been used to help the poor. I agree, we need to invest in infrastructure, safe highways, speed trains, civilian run air traffic control new radar systems. Brazil is a big country, it will take years before we begin seeing the benefits, to me this is all campaign for PT.

Happy New Year to you, how was your X-mas?

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aes
written by Lloyd Cata, January 04, 2008

- There is no upper limit to the economy of Brazil. It is the will of the nation to make it so, that is the only impediment. -

Sadly, I must agree with Shelly. The better statement should be, "There is no limit to the 'corruption' of Brazil. It is the inability of the people to make it otherwise that is the greatest impediment." Eventually, those wishing to keep Brazil in second-class power will use this corruption to keep the foot on the neck of the people, guaranteeing their second-class status.

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rob a little rob a lot
written by forrest allen brown, January 05, 2008

go to any state in brasil and you will see the big idea gone bad .

too many people in control wanting to fill there own pockets

start by building jails to hold the political crooks who kill the dreams of the country
by taking the money fo the jobs

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Llyod Cata
written by João da Silva, January 05, 2008

Sadly, I must agree with Shelly.

You are a true scholar and gentleman, Dr.Cata. You are always sad, while agreeing or disagreeing with someone!

The better statement should be, "There is no limit to the 'corruption' of Brazil.

A wise quote and I SADLY agree with you smilies/wink.gif

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Forest
written by João da Silva, January 05, 2008

start by building jails to hold the political crooks who kill the dreams of the country
by taking the money fo the jobs

Dr.Cata, your compatriot will sadly disagree from your viewpoint, Admiral.He firmly believes that such actions will violate the human rights of the "political crooks".

From what little contact I have with him, he gives me an impression that he is more inclined towards installing a regime similar to that of Pol Pot in this country. May be, you, with your unquestionable wisdom will try to dissuade him? smilies/grin.gif

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Pol Pot
written by Ric, January 06, 2008

Do you mean they intend to skin people alive and bash their heads in with hoes? If so, I'm outta here.

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Lly Ca Ca doodle Do
written by Simpleton, January 06, 2008

"those wishing to keep Brazil in second-class power will use this corruption to keep the foot on the neck of the people, guaranteeing their second-class status"

The "second-class", as you call them, are effectively powerless to squash those everyone feels is putting / keeping them down, walking off with an undeserved lion's share. These folks most certainly are not stupid. I doubt they would stand for anyone (corrupt or not) keeping a foot on their neck. For most it's really just disevolution, a matter of complacency and or conflict avoidance. They'll settle for stasis vs sticking their heads up (and so being subject to having it lopped off / getting shot at / being burnt out of house and home . . .) over what they see as an impossiblity to improve / breakout / make a difference in their local conditions. Hey, if the government funnels benefits and improvements in your direction / into your locale - that's nice. Welcome to the step up to mediocrity that's been practiced elsewhere for generations.

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Corruption and lobbys
written by Eduardo C., January 06, 2008

I know all the 26 states from Brazil plus F.D. And i drove on it most of time. Because otherwise you can not exactly know it. Is ridiculous the 5th largest country depending exclusive most from roads.
I wish Barão de Mauá could finish his plans. Anyway it is past. But even today the politicians put there interest over the need of the country. Now they are duplicating the BR101 I was observing the (Hurry up guys) work. Narrow and without thinking on security. If it’s finish on 2009 in 2010 in a rain season it is all full of holes. Because the government don’t have the wages to control the weigh of the trucks.28 tons is permitted they put 35 or even more. The most projects it is not like in the original. In the end is more expensive. And if is the same price, the companies like Gautama and many others buy s h i t t y materials to build it. I love very much my country, but this mentality of who is the smartest guy need to end. But just education will finish our at least going down this problems. But where is the investment on education? We need to invest now, to start to see results in 20 years or more. But not statistic education just to show up. But one with prepared teachers and good salary. But this lobby of the constructor companys,together with car and truck industry did not help to much.

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Eduardo C
written by João da Silva, January 07, 2008

Corruption and lobbys

Very good comments and my congrats. Lately I have started believing that Corruption has become a threat to our National Security. I totally agree with your viewpoints on the condition of the roads and the sole dependence on them for transport. What is the point in selling cars in 100 installments and filling such roads with them? Remember what you mentioned in another thread about 8000 KMs of coast line we have?

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