Market Size of Brazil Infrastructure Sector
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 5.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Brazil Infrastructure Market Analysis
The infrastructure sector in Brazil is expected to register a CAGR of more than 5% during the forecast period (2023-2028).
- In Brazil, the COVID-19 pandemic has not impacted all organizations and industries equally. Some industries performed well despite the pandemic, while others suffered due to restrictions and labor shortages. In addition, the healthcare sector recorded growth in the country, while telecommunications, media, and entertainment witnessed slight growth. The infrastructure sector is recovering as the manufacturing, transportation, and other sectors started full-fledged operations.
- In 2021, an 18-month engagement program was planned between the Global Infrastructure Hub (GI Hub) and the Brazilian government to attract more private sector investment into infrastructure and bring further bankable projects. In addition, between 2020 and 2022, the Brazilian government planned to bring more than USD 44 billion in infrastructure projects to auction and seek private participation in successful projects that meet Brazil's sustainability and resilience objectives.
- In 2022, the country received more than half of South America's total incoming foreign direct investments, with the United States as one of the significant supporters. In addition, the initiation of new developments and upcoming auctions in the energy and transportation sectors in the country may fuel new partnerships with investors worldwide.