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February 10, 2022
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Senate approves PEC for investments in the transport sector

Senate approves PEC for investments in the transport sector

The Senate approved, tonight (9), a Proposal for Amendment to the Constitution (PEC) that allows more investments in the transport sector through concessions to the private sector. The PEC provides that 70% of all resources that are collected with counterparts for concessions, permissions or onerous authorizations arising from transport infrastructures of the Union can only be applied in the sector itself. Now, the text goes to the Chamber.Senate approves PEC for investments in the transport sector

The report by Jayme Campos (DEM-MT) explains that there is a forecast that the resources generated for the sector with this PEC should be less than R$ 7 billion per year. “This amount is slightly less than the BRL 8 billion that the Federal Government invested in transport infrastructure in 2021, a volume that, it is worth noting, is very low and insufficient for the country’s needs,” said Campos.

In the rapporteur’s assessment, the national infrastructure is “precarious” and is not at the level required by the country’s needs. He points out that public investment is limited and that various contingencies of planned investments end up paralyzing works and increasing their costs.

“[A PEC] offers a kind of guaranteed floor that ensures a minimum of continuity to transport investment programs, in order to avoid that the spending cap rules, in the future, compress your budget beyond what is acceptable”, said the rapporteur in his opinion.

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