Brazil has the largest PPP market by far in LATAM, representing a 50% of the total number of projects and a 45% of the total investment volume in the continent.

In the last years, the environment for public-private partnerships (PPP projects) in Brazil has evolved positively. The Government created the Investment Partnerships Programme in 2016 and the Project Support Fund in 2017, demonstrating political support for private investment in infrastructure.

In 2016 there was an abrupt restructuring of the Brazilian PPP market, favoring medium-sized companies and international participation. In 2019 investment in PPP projects reached USD 2.6 billion, after USD 0.5 billion in 2018 and USD 3.6 billion in 2017.