Brazil is failing to engage the private sector in infrastructure
development by undermining returns. This is a drag on its ambitious and urgent growth program.
Category: 2007
Last of the Brazilian Jumbos
A trio of upcoming Brazilian power deals will require more than $16 billion in financing. They may well be the last of their kind.
Pension Funds Diversify and Grow
Brazilian pension funds are expanding on strong returns from elevated interest rates and new launches. They are starting to rotate from fixed-income to equities.
Pushing the Financing Envelope
Mexican infrastructure development bank Banobras has set the standard and is lighting out for new territories.
Secondary Strangled by Regulation
Colombia’s institutional investors say their business is being killed by outdated regulation. Some hope forthcoming changes will break the local capital markets gridlock.
Chilean Banks Move up the Ranks
Our third annual survey of ethics and sustainability at Latin America’s leading banks has been expanded significantly and shows Chile’s financial institutions gaining on Brazil’s.
NGC Sees Downstream Opportunity
Trinidad and Tobago’s National Gas Company is developing new markets and predicts growth in pipeline projects. It is not planning to raise any new funds this year.
Colombia Builds Road to the Sun
With the IFC’s help, Colombia is drawing up its own blueprint for infrastructure finance. Local investors are rubbing their hands as the government seeks a replicable model.
