Presidential candidate touts Brazil P3s

Brazilian presidential candidate Aécio Neves has promised new P3 deals to develop the country’s ailing transport and social infrastructure ahead of his imminent showdown with incumbent Dilma Rousseff.

The center-right PSDB opposition party candidate has stressed the need for partnership with the private sector to develop new urban transport development, highlighting the creation of new subways, monorails, light rail transits and waterways.

In a bid to improve security in the country, Neves also said that P3s to develop the country’s prisons were part of the party’s agenda.

Neves received 33.5% of votes following the first round of elections last Sunday, while Rousseff remained out in front with 41.6%. The two will now battle it out again in the second round on October 26.

P3 development in Brazil – with a pipeline that is growing rapidly – has previously been touted as a solution to the vast social and economic problems across the country, which has seen angry protests over the past year due to perceived corruption and poor decision making at government level.