Brazil courts investors for power sector; to sustain its economic growth, the nation opens its electricity industry to foreign investment

Article Abstract:

Brazil's power needs of 97,000 megawatts at a cost of $100 billion are among the world's largest, but a series of laws aimed at opening its electricity market should facilitate outside investment. The Independent Power Producer Law, Public Service Law, and Concessions Law are built around the concepts of the concession or public utility franchise, the authorization, which is similar to a concession but does not require a bidding process, and the IPP. Vague statutory provisions regarding rate regulations complicate the picture.

Electric Utilities, Electric Power Generation, Transmission and Distribution, Electric services

---

Pre-export financing facilitates investments in Brazil by the Japanese; trading companies use hybrid deals to secure product supply

Article Abstract:

The 1994 adoption of the Real Plan and its reduction of Brazil's inflation and the resolution of commercial friction between Japan and Brazil have led to renewed Japanese interest in trade with Brazil. Japan's integrated trading companies have been very active in Brazil and such companies have become a popular vehicle for commercial financing by Brazil too. The companies play a hybrid financial-commercial role and carry out their activities through the hybrid transaction called pre-export financing. This method is detailed.

Japan, Japanese foreign relations, Export trading companies, Brazilian foreign relations

---

Brazil moves to privatize its electric power sector; by developing the industry, the government is providing new investment opportunities

Article Abstract:

Economic fallout from the Asian financial crisis has affected Brazil and caused a struggle to pay down its large debt load, and the government has introduced laws to privatize the electric power sector. Privatization is the only way the government can even come close to meeting expected demand. The law was passed in late 1997, and its main purpose is to reduce net public debt and permit the private sector to invest in certain companies usually associated with the government's domain.

Brazil, International aspects, Economic policy, Privatization, Privatization (Business)

Similar abstracts:

• Abstracts: High court hears case on state power over banks; at issue is whether states can prohibit nationally chartered banks from selling insurance
• Abstracts: How best to use the grandfather election for retirement plans. Protocol coordinates death tax provisions of U.S. and Canada
• Abstracts: Courts, Congress re-examine nondrug products; makers of dietary supplements now can tout health benefits with less FDA interference
• Abstracts: FDA prescribes cautious labels; increasingly, dietary supplement and food manufacturers are allowed to make health claims, but FDA regulations are still tight
• Abstracts: 'Employment services' may trigger act; California law now may subject personal managers to licensing requirements

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.