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Brazil to privatize more airports, railways for grains

Other News Materials 22 January 2019 02:26 (UTC +04:00)
Brazil’s government will announce the privatization of southern airports, including Curitiba, in the second quarter of this year, according to Adalberto Vasconcelos,.
Brazil to privatize more airports, railways for grains

Brazil’s government will announce the privatization of southern airports, including Curitiba, in the second quarter of this year, according to Adalberto Vasconcelos, head of the PPI government program tasked with luring private investment in the country’s infrastructure, Trend reports citing Reuters.

Vasconcelos told Reuters on Monday that the Ferrograo and FIOL railway projects serving the central grain belt would be ready for bidding this year or early in 2020. Miner Vale S.A. and logistics company Rumo S.A. are also expected to sign early renewal of rail concessions this year, involving a commitment to new investments, he said.

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