Brazil Needs Investment to Keep Travel Sector Rolling
Brazil is badly needing cash to upgrade roads, railroads and seaports in the face of an export bonanza that´s definitely making the nation´s economy pick up some steam, local officials and entrepreneurs said over the weekend.
Infrastructure for transporting and warehousing crops and minerals to be shipped overseas is currently working at full throttle across the South American nation.
During a seminar on economic development and infrastructure, a number of impresarios and officials pointed out the urgent need to pour money into the improvement of local railroad networks. "As we speak, Brazil is in no position to meet this increasingly bigger demand due to the poor system in place," a governmental source said.