Brazil to privatise more airports, railways for grains

Secretary for Investment Partnerships Program Adalberto Santos de Vasconcelos gestures during an interview for Reuters in Brasilia, Brazil January 21, 2019. REUTERS/Adriano Machado - Copyright ADRIANO MACHADO(Reuters)

By Reuters

Published on 21/01/2019 - 22:34•Updated 23/04/2024 - 12:47

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BRASILIA (Reuters) - Brazil's government will announce the privatisation of southern airports, including Curitiba, in the second quarter of this year, according to Adalberto Vasconcelos, head of the PPI government programme tasked with luring private investment in the country's infrastructure.

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. <VALE3.SA> and logistics company Rumo S.A. <RAIL3.SA> are also expected to sign early renewal of rail concessions this year, involving a commitment to new investments, he said.