As Brazil focuses on its overhauling its cities, it must remember that urbanization itself won't drive meaningful growth, but rather empowering the tens of millions in the urban underclass.
The country has been a major growth market for Caterpillar over the past decade and its increasing urbanization is expected to continue to drive its top-line growth over the coming years.
Global population growth, increased urbanization and rising energy consumption will continue to drive the need for sustainable solutions and manufacturers have a substantial role in developing sustainable solutions that address these drivers.
The drafting of the Twelfth Five Year Plan (2011-2015) is currently underway, with a presumed emphasis on increasing domestic consumption (which has dropped in recent years) and urbanization of its populace (which will serve to drive domestic consumption).