Brazil Urban Population is Expected to 189.7 Million in 2025

Date: 2015-10-20

“• To improve the country’s energy security, the Ministry of Mines and Energy of Brazil launched Plano Decenal de Energia 2024 (PDE 2024), a 10-year energy plan, in September 2015. The focus of this plan is to improve the installed power generation capacity by December 2024, to meet the country’s increasing electricity demand. To achieve this target, the government already issued contracts and agreements through auctions, which includes a mix of hydropower, renewable sources, thermal and nuclear. The government’s focus to improve energy security is expected to attract investments to the energy sector, which will support construction activity in the energy and utilities construction market over the forecast period.

• In a bid to revive the country’s housing market and help low- and middle-income families to purchase homes, the government introduced the ‘My House, My Life’ program in 2009, under which prospective buyers receive government support and finance to purchase a house. Under this program, the government aims to construct 18 million new homes by 2022. Despite the budget cuts, in the first half of 2015, the government announced its plan to add new homes in the program. Moreover, the municipality of João Pessoa is in the process of constructing the low-income housing development project, comprising the construction of housing units, commercial spaces, schools, health facilities and access roads in Paraíba, which are expected to be completed by the end of 2016. Consequently, various affordable housing projects across the country will support the growth of the residential construction market over the forecast period.

• Over the forecast period, the population and urbanization trends will continue to provide some support for the residential construction market. According to the world population review, the country’s population grew by 11.9%, from 174.5 million in 2000 to 195.2 million in 2010, and is expected to reach 213.0 million by 2020 and 227.8 million by 2030. According to the United Nations Department of Economic and Social Affairs (UNDESA), the country’s urban population as a proportion of the total is expected to increase from 166.4 million in 2011 to 189.7 million in 2025, and 202.1 million by 2050. The country’s growing population and urban development will support demand for new housing. 

• Concessionária Aeroporto Internacional de Guarulhos SA, in association with Agencia Nacional de Aviacao Civil, is involved in expansion of the Guarulhos International Airport at Guarulhos in São Paulo. The project is expected to be completed by 2022. Moreover, the Government of Bahia is planning to undertake the construction of a regional airport on a 929ha area in Ilheus, which involves the construction of two 3,000m runways, terminals and signal towers, and the installation of security systems. The project is expected to be complete by the end of 2016.

• Brazil’s infrastructure construction market will be supported by the nation’s hosting of the 2016 Olympic Games, which will require stadia, transport infrastructure, hotels, retail buildings, healthcare facilities and other related infrastructure. In order to host the games, the Brazilian government has had to prioritize infrastructure development as a key area of investment, to enable the country to handle the expected high volume of tourists. Consequently, the government is investing in the modernization of public transport systems and airport construction”

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