ABSTRACT
This chapter examines PPP in Brazil. It focuses on the regime created in the country to enable the private sector to participate in the design, funding, maintenance and operation of public facilities. A key feature of PPP in Brazil is the impact of the government guarantees that have been introduced. Similarly, there is an arrangement that allows the public sector to own shares in a project company. Worthy of note is that Brazil has implemented a sophisticated legal framework for PPP. This is, however, not without challenges when it comes to the regulation and administration of PPP in the country.
