Yesterday, Brazil's government announced the new program of concessions of roads and railways. The new government wants to build and operate roads and railways requiring as much as 133 billion reais ($66 billion) in investments over 30 years to help boost growth in the world's sixth-largest economy.

The government will concession 7,500 kilometers (4,660 miles) of roads and 10,000 kilometers of railways, Transport Minister Paulo Sergio Passos said during a ceremony in Brasilia yesterday.

"Brazil is offering an extraordinary investment opportunity in an environment of economic and institutional stability," President Dilma Rousseff said at the event.

In the short term, it is important to highlight that the highways BR-040 and the BR-116 will be tendered by the end of 2012. The public audience is planned to start in August. The rest of concessions will be tendered next year, 2013.

You can watch the Presentation of the Program on Youtube.

See the presentation of the program below:

What do you think about the program? Is it realistic?