One way to do so is by offering the private sector more financing in local currency.
The issue of how to revive the economy was addressed by many company executives and government officials during the Brazil Investment Forum 2017.
State water utility Sabesp has call bids for a US$52mn waterworks project.
BNDES is studying alternatives with IRB, and the conclusions are expected in second half.
Through the transaction, the Mexican airport operator now holds a 60% interest in Aerostar, the private company that manages Luis Muñoz Marín international airport.
The Mendoza province expects the project to help irrigate 40,000 hectares and benefit thousands of agricultural producers.
Business executives spoke at the Brazil Investment Forum taking place in São Paulo, saying the country's innovation incentives need better integration.