The Brazilian government is preparing to launch a second round of road concessions under its public private partnership (PPP) framework. But history has shown this type of project can be dogged by bottlenecks. Following a trough in activity and a rather lukewarm recovery, president Dilma Rousseffs government has been working on a formula that will please all stakeholders. The aim has been to find a financial structure that allows low tolls for the user, while still presenting a viable investment opportunity to the private sector that will deliver improvements to the road network. The level of tolls was the main focus of criticism against concession projects in the past, and this seems to have discouraged further schemes in recent years. However, the government has included 30 concession schemes in a new round of projects, and success stories like Rio-Niteroi Bridge have been cited as the way forward.
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