Infrastructure Insight: Brazil

Published: Mar, 2018 | Pages: 52 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)

Synopsis

This report provides a detailed look into the infrastructure sector in Brazil, including analysis of the state of the current infrastructure, the regulatory and financing landscapes and the major projects in the construction pipeline.

The report covers all key infrastructure sectors: roads, railways, electricity and power, water and sewerage, communication, and airports and ports.

Summary

Brazil’s economy started to recover in 2017, having contracted sharply during the previous two years when investor confidence deteriorated amid a widespread corruption scandal.

The construction sector recorded a steeper downturn in 2015–2016, given the fallout from the scandal, which greatly impacted the progress of major following a two-year downturn, there were signs of positivity in 2017, particularly in the real estate sector, and the forecast for 2018–2022 is for a steady pick-up in activity.

Scope

A concise analysis of the administrative, economic and political context for infrastructure in Brazil.

An in-depth assessment of the current state of infrastructure in Brazil, including roads, railways, electricity and power, water and sewerage, communications, airports and ports.

A focus on main political and financial institutions involved in the infrastructure market, as well as the competitive and regulatory environment.

For each infrastructure sector, an explanation of the key drivers of growth in new investment and an analysis of the project pipeline, with a detailed look at the prospects for major projects and the companies that have secured contracts.

Reasons To Buy

• Assess the current state of Brazilian infrastructure, and the main drivers of investment, including the key institutions and financing methods.

• Investigate forecasts and gain an understanding of key trends in each of the main infrastructure sectors.

• Analyze the main project participants operating in each sector, to better understand the competitive environment.

• Identify top projects by sector, development stage and start date, to inform your expansion strategy.

Key Highlights

The IIC is currently tracking 488 large-scale infrastructure construction projects in Brazil, at all stages of development from announcement to execution. These projects have a total investment value of US$323 billion.

The total value of the infrastructure construction market reached US$73.7 billion in 2017, according to the Infrastructure Intelligence Center (IIC), and is projected to grow steadily to US$78.3 billion by 2022 (in nominal value terms).

In 2016, President Michel Temer announced the Investment Partnership Program (PPI) or 'Projeto Crescer', a concessions program expected to raise US$14.4 billion for construction and operation of roads, ports, railways and transmission lines amongst other sectors. As well as improving Brazil’s infrastructure base, this program is expected create 200,000 indirect and direct jobs helping to stifle the country’s ongoing high unemployment levels.

 Table of Content

1. EXECUTIVE SUMMARY
2. CONTEXT
2.1. Administrative Divisions
2.2. Political Scene
2.3. Public Finances and Credit Ratings
2.4. Demographics
2.5. Economic Performance
2.6. Construction Output
3. THE STATE OF INFRASTRUCTURE
3.1. Roads
3.2. Railways
3.3. Electricity and Power
3.4. Water and Sewerage
3.5. Telecommunications
3.6. Airports and Other Infrastructure
4. THE COMPETITIVE AND REGULATORY LANDSCAPE
4.1. Roads
4.2. Railways
4.3. Electricity and Power
4.4. Water and Sewerage
4.5. Telecommunications
4.6. Airports and Other Infrastructure
5. INSTITUTIONS AND FINANCING
6. INFRASTRUCTURE CONSTRUCTION
6.1. All Infrastructure
6.1.1. Construction outlook
6.1.2. Project pipeline analysis
6.2. Roads
6.2.1. Construction outlook
6.2.2. Key participants – contractors and consultants
6.2.3. Project pipeline analysis
6.3. Railways
6.3.1. Construction outlook
6.3.2. Key participants – contractors
6.3.3. Key participants – consultants
6.3.4. Project pipeline analysis
6.4. Electricity and Power
6.4.1. Construction outlook
6.4.2. Key participants – contractors
6.4.3. Key participants – consultants
6.4.4. Project pipeline analysis
6.5. Water and Sewerage
6.5.1. Construction outlook
6.5.2. Key participants – contractors and consultants
6.5.3. Project pipeline analysis
6.6. Telecommunications Infrastructure
6.6.1. Construction outlook
6.7. Airports and Other Infrastructure
6.7.1. Construction outlook
6.7.2. Key participants – contractors
6.7.3. Key participants – consultants
6.7.4. Project pipeline analysis
7. APPENDIX
7.1. Definitions
7.2. Methodology
7.3. Further Information
7.4. Disclaimer

List of Tables

Table 1: Infrastructure Construction in Brazil at a Glance
Table 2: Key Economic Indicators
Table 3: Key Comparative Indicators
Table 4: Top 10 Infrastructure Construction Projects by Value 
Table 5: All Infrastructure Projects Pipeline, by Stage and Funding (US$ billion)
Table 6: Top 10 Road Construction Projects by Value
Table 7: Roads Infrastructure Projects, by Stage and Funding (US$ billion)
Table 8: Top 10 Rail Construction Projects by Value 
Table 9: Railways Infrastructure Projects, by Stage and Funding (US$ billion)
Table 10: Top 10 Electricity and Power Construction Projects by Value 
Table 11: Electricity and Power Construction Projects, by Stage and Funding (US$ billion)
Table 12: Top Water and Sewerage Construction Projects by Value
Table 13: Water and Sewerage Construction Projects, by Stage and Funding (US$ billion)
Table 14: Top 10 Airports and Other Infrastructure Construction Projects by Value 
Table 15: Airports and Other Infrastructure Construction Projects, by Stage and Funding (US$ billion)
Table 16: Construction Market Definitions
Table 17: Construction Stage Definitions

List of Figures

Figure 1: All Infrastructure, Output Value (US$ million), 2012, 2017, 2022
Figure 2: Real GDP Growth (%, constant prices)
Figure 3: Real Construction Growth (%, constant prices)
Figure 4: Madeira Transmission Line
Figure 5: Federal Investment in Roads (% of GDP)
Figure 6: All Infrastructure Construction, Output Value (US$ billion), 2017–2022
Figure 7: All Infrastructure Projects Pipeline, by Stage (US$ billion)
Figure 8: All Infrastructure Projects Pipeline, by Funding (US$ billion)
Figure 9: All Infrastructure Projects Pipeline, by Sector (US$ billion)
Figure 10: All Infrastructure Projects Pipeline, by Sector and Funding
Figure 11: Roads Infrastructure Construction, Output Value (US$ billion), 2017–2022
Figure 12: PPI Highway Projects
Figure 13: Anápolis to Aliança do Tocantins Highway/ Comohoro to Porto Velho Highway
Figure 14: Mario Covas Ring Road
Figure 15: Roads Infrastructure Projects Pipeline, by Stage (US$ billion)
Figure 16: Roads Infrastructure Projects Pipeline, by Funding (US$ billion)
Figure 17: PPI Railroad Projects
Figure 19: Railways Infrastructure Construction, Output Value (US$ billion), 2017–2022
Figure 20: Railways Construction Projects Pipeline, by Stage (US$ billion)
Figure 21: Railways Construction Projects Pipeline, by Funding (US$ billion)
Figure 22: Electricity and Power Infrastructure Construction, Output Value (US$ billion), 2017–2022
Figure 23: Power Distributors for Privatization
Figure 24: Belo Monte Hydroelectric Power Project
Figure 25: Sao Manoel Hydroelectric Power Plant
Figure 26: Electricity and Power Construction Projects Pipeline, by Stage (US$ billion)
Figure 27: Electricity and Power Construction Projects Pipeline, by Funding (US$ billion)
Figure 28: Water and Sewerage Infrastructure Construction, Output Value (US$ billion), 2017–2022
Figure 29: Deodoro Sewerage Treatment Plant – AP5 Sewerage Network
Figure 30: Water and Sewerage Construction Projects Pipeline, by Stage (US$ billion)
Figure 31: Water and Sewerage Construction Projects Pipeline, by Funding (US$ billion)
Figure 32: Telecommunications Infrastructure Construction, Output Value (US$ billion), 2017–2022
Figure 33: PPI Port and Airport Projects
Figure 34: Airports and Other Infrastructure Construction, Output Value (US$ billion), 2017–2022
Figure 35: Port of Itaqui and Inland Warehouse
Figure 36: Airports and Other Infrastructure Construction Projects Pipeline, by Stage (US$ billion)
Figure 37: Airports and Other Infrastructure Construction Projects Pipeline, by Funding (US$ billion)