According to the report ”Railway Infrastructure Spending Market in Brazil 2015-2019”, (Research and Markets), rail projects is expected to grow at a CAGR of 1.44 percent over the period 2014-2019. Rail transport in Brazil is not efficient or adequate to sustain the current economic growth of the country. Therefore, great emphasis is being placed on the expansion of railway lines to enable better connectivity to major cities in the country. Rio de Janeiro has been selected to host the 2016 Summer Olympic Games, which is expected to further boost investment in the development of railway infrastructure in Brazil. In addition, new policies are being designed to reduce the railway infrastructure gap in the country.
The report presents the current scenario of the Railway Infrastructure Spending market in Brazil and its growth prospects during the period 2015-2019. The market size has been calculated based on the contribution of railway infrastructure spending, as a part of transport infrastructure investment, to the overall GDP of the country. For the forecast period, spending has been calculated based on the GDP forecast.
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