Government Wants Foreign Companies to Build Public Infrastructure Works
The Jair Bolsonaro administration wants to allow foreign companies to bid for infrastructure projects and become government suppliers without the need for a Brazilian subsidiary. It will likely introduce a new measure soon. The Ministry of Economy thinks the measure will ease the participation of international groups in infrastructure works – such as on highways, […]
Bolsonaro Favors Companies with Solar Energy Subsidy
Solar industry rules favor large companies such as banks, telephone companies, retail chains, and agribusiness companies. In the opinion of industry experts, the government has taken a populist stance in addressing the “not taxing the sun” speech. The debate was centered around eliminating a subsidy that raises the electricity bill of consumers in the country.