Brazil to boost infrastructure
Brazilian property investors could be interested to learn that the Latin American nation is to continue increasing investment in infrastructure despite the ongoing global financial crisis, it has been reported.
A government official has announced the country will continue to maintain the investment flow so the impact of the crisis does not result in "exorbitant costs", according to the Xinhua news agency.
Dilma Rousseff, minister-chief of the Civilian Household of the Presidency told the House of Deputies the programme led by President Luiz Inacio Lula da Silva intends to tackle the economic slowdown.
"The [Programme for Growth Acceleration] produces a high-level of public and private investment and creates a huge consumer demand," she added.
Meanwhile, PropertyBrazilEstate.com claimed this week that Brazilian property offers a solid investment for years to come.
The website added that those who buy property for sale in Brazil can also expect "fantastic" weather, food and people.
