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Government presents investment opportunities to Italian

Minister Dyogo Oliveira announced measure to increase legal certainty for investors interested in developments in the country

Acting Planning Minister Dyogo Oliveira, met, on Thursday (29), in Brasília, with a group of Italian businessmen and presented data showing that Brazilians are more optimistic about the economic outlook.

During the meeting, Oliveira said the government has a strong and stable base to carry out the necessary measures for the resumption of the country's growth.

"Today we have a new government in Brazil with a sufficiently strong and stable base to carry out the necessary measures for the resumption of growth," he said to mention the Proposed Amendment to the Constitution (PEC) 241, which limits public spending already sent to Congress national, and the preparation work for a pension reform.

"This new Brazilian opening is viewed with great interest by our private sector and government, who want to collaborate in this process," said Minister of Constitutional Affairs of Italy, Maria Elena Boschi, during the Meeting  of High Brazil-Italy Authorities Cooperation in Infrastructure held at the Ministry of Planning, Development and Management (MP).

The meeting at the Ministry was following the Business Meeting of Brazil-Italy Infrastructure, held on Wednesday (28) and promoted by the Bank of Brazil and by the Italian Embassy in Brazil. On that occasion, Dyogo Oliveira said there are signs that point to the recovery of the Brazilian economy.

"We have a lot of confidence and optimism in the recovery of the Brazilian economy. Confidence in the announced figures, the targets to be met and also in the relationship between entrepreneurs and state. The entire government team has a very clear direction to work in order to re-establish a favorable environment for economic growth, "said the minister.

PPI

In this context, the federal government set guidelines to attract investment in the infrastructure sector by the concessions provided for in the Investment Partnership Program (IPP) and to allocate budgetary resources in public works. 

The minister announced that the government is preparing an interim measure in order to give greater legal certainty to dealers interested in investing new resources in the projects. "We also want to enable new investments in existing concessions through tariff rebalancing or expansion of deadlines", he said.

Source: Portal Brazil, with information from the Ministry of Planning