The Brazilian government has unveiled a key stimulus package aimed at attracting as much as BRL 133 billion ($66 billion) in private investment into the country's infrastructure projects over the next 25 years.
The plan is seen as the first in a series of stimulus measures and primarily targets improvement in transportation facilities, particularly highways and railways.
As much as BRL 79.5 billion will be invested in the first five years. Further announcements, including investments in airports and ports are expected in the coming weeks, Transport Minister Paulo Passos said Wednesday.
Passos said that BRL 42 billion will be allotted for the development of highways and BRL 91 billion has been set aside for railways. The government will also offer subsidized loans for investors looking to get in on the projects.
Gold price is still not stabilized in India like everywhere else. After going down, the g
Gold price opens lower in Hong Kong
The gold price in Hong Kong went down 180 HK dollars to open at 12,720 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society.
The price is equivalent
Market Cap Indices Turn Red at Qatar Exchange
The QE index spending almost the entire session below the break even line witnessed a bearish trend on Thursday 23rd May 2013. The index dropping 37.28 points or 0.41 percent reached at 9,048.62 leve
Small Cap and Large Cap Push ADX Index Lower
The ADX General Index sustained its downward march and finished the session with a decline of 1.23 percent on Thursday 23rd May 2013 . The index dropped 43.02 points, closing at 3,460.36.
M
WEF to focus on challenges
Leaders from the Middle East and North Africa in business, economics and politics will focus on the aftermath of the Arab Spring as they gather for the World Economic Forum in Jordan this weekend.