Two years after the Brazilian government announced a huge package of concessions to stimulate investments in infrastructure, construction projects for the railway industry remain on the shelf. The delays have resulted from regulatory risks, which were identified by investors, and failed projects.
Officials hope for a break in the impasse once the Program of Investments in Logistics, chartered in August 2012, releases R$99.6 billion (U.S. $41.6 billion) in investments in construction and improvements on 11,000 kilometers of railways.