facts and info to investors in brazilian infrastructure
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Facts & Info to Investors in Brazilian
Infrastructure
Maurício Jayme e SilvaMarch, 13rd, 2011
Facts & Info to Investors in Brazilian Infrastructure
• Brazilian Economic Backgrounds
1. GDP Average Growth (%YoY)
a. 1998-2002 – 1.7%b. 2003-2008 – 4.2%c. 2009 – 0.2%d. 2010 – 2014 – 5.5%*
i. 2010 – 7.5%ii. % change from preceding yeariii. * Ministry of Finance forecasts
Source: Brazilian Economy Outlook – August/September 2010Brazilian Ministry of Finance
• Brazilian Economic Backgrounds
2. Domestic Demand in the composition of GDP Growth (%YoY)
a. 2006 – 5.3%b. 2007 – 7.5%c. 2008 – 7.4%d. 2009 – 0.3%e. 2010 – 10.3%*
i. 2010 – the highest level in recent years
ii. % change from preceding yeariii. * Ministry of Finance forecast
Source: Brazilian Economy Outlook – August/September 2010Brazilian Ministry of Finance
Facts & Info to Investors in Brazilian Infrastructure
• Brazilian Economic Backgrounds
3. Growth Rate of Real GFCF – GDP deflator (%)a. 2006 – 7.5%b. 2007/2008 – ≈ 15.5%c. 2009 – 17.2%d. 2010 – 15.9%
1. In 2Q 20102. By late 2010, investments were
expected to reach 19.1% of GDP. Consolidated data are still not avaiable.
Source: Brazilian Economy Outlook – August/September 2010Brazilian Ministry of Finance
Facts & Info to Investors in Brazilian Infrastructure
• Brazilian Economic Backgrounds
4. IPCA Inflation Index (% YoY)
a. 2006 – 3.1%b. 2007 – 4.5%c. 2008 – 5.9%d. 2009 – 4.3%e. 2010 – 5.9%
i. Brazilian Inflation Target: 4.5%ii. Lower and Upper Bounds: 2%iii. % change from preceding year
Source: Brazilian Economy Outlook – August/September 2010Brazilian Ministry of Finance
Facts & Info to Investors in Brazilian Infrastructure
• Brazilian Economic Backgrounds
4. SELIC Interest Ratea. Nov/10 – 10.75%b. Dec/10 – 10.75%c. Jan/11 – 11.25%d. Feb/11 – 11.25%e. Mar/11 – 11.75%
i. % change from each 12-month period, median of expectations, accum. for the next 12 months – October 1st, 2010
Source: Brazilian Economy Outlook – August/September 2010Brazilian Ministry of Finance
Facts & Info to Investors in Brazilian Infrastructure
• Infrastructure Investment in Brazil
1. Mapped Investments in Infrastructure 2011-2014
Source: Brazilian Economic Insights – Feb/11 – Brazilian Development Bank (BNDES)
Sectors R$ Billion %
Electric Energy 139 36.48%
Telecommunications 72 18.90%
Sanitation 41 10.76%
Railway 60 15.75%
Highway Transportation 51 13.39%
Ports 18 4.72%
Infrastructure 381 100%
Facts & Info to Investors in Brazilian Infrastructure
• Infrastructure Investment in Brazil
2. Growth in Mapped Investments in Infrastructure 2011-2014
Source: Brazilian Economic Insights – Feb/11 – Brazilian Development Bank (BNDES)
Sectors R$ Billion Growth 06-09 11-14 % % p.a.
Electric Energy 104 139 34% 6%
Telecommunications 62 72 15% 2.8%
Sanitation 26 41 57% 9.4%
Railway 20 60 202% 24.7%
Highway Transportation 30 51 71% 11.4%
Ports 5 18 225% 26.6%
Infrastructure 247 381 54% 9%
Facts & Info to Investors in Brazilian Infrastructure
• Industries potencially interested in investing in Brazilian Infrastructure
1. DIRECTLYa. Ports & Airportsb. Public Mass Transportation
i. Air Transportationii. Highways & Railroadsiii. Undergroundiv. High-Speed Systems
Facts & Info to Investors in Brazilian Infrastructure
• Industries potencially interested in investing in Brazilian Infrastructure
1. DIRECTLYc. Goods Transportation
i. Air Cargoii. Highways & Railroadsiii. Waterways
d. Mininge. Telecommunicationsf. Sanitation
Facts & Info to Investors in Brazilian Infrastructure
• Industries potencially interested in investing in Brazilian Infrastructure
1. DIRECTLYg. Energy
i. Oil & Gasii. Nuclear Poweriii. Hydropoweriv. Wind Powerv. Solar Powervi. Biomassvii. Biofuel
Facts & Info to Investors in Brazilian Infrastructure
• Industries potencially interested in investing in Brazilian Infrastructure
2. INDIRECTLYa. Logisticsb. Infrastructure Supply Chainc. Technologyd. Banking & Investment Fundse. Business Consultingf. Auditing & Accountingg. Insurance
Facts & Info to Investors in Brazilian Infrastructure