Brazil President says more airport privatization coming

Discussion in 'Brazil' started by jbcarioca, Mar 18, 2011.  |  Print Topic

  1. jbcarioca
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    jbcarioca Gold Member

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    This has been announced before but seems to be changing in tone to give more urgency. The proposed independence of ANAC under the Secretary of Civil Aviation has had progress but the congressional effort to strip the post of much authority is generating lots of smoke, and maybe fire.

    SAO PAULO -(Dow Jones)- Brazil will open up airport investment to private companies, granting licenses to build new terminals and new airports, President Dilma Rousseff told Valor Economico newspaper in an interview published Thursday.
    "We can grant licenses where something already exists--to build a new terminal, for example," Rousseff told Valor. "We can grant licenses were nothing exists, such as the construction of an airport, in the same way we do it for a hydroelectric dam."
    Brazil will need to spend about 33 billion Brazilian reais ($20 billion) to prepare its transportation, health and safety infrastructure ahead of the 2014 World Cup soccer competition, Rousseff said this week in a column posted on the government's website. The federal government will likely account for more than two-thirds of that spending.
    Investment in airports is crucial not only for the 2014 Cup and 2016 Olympic Games--to be held in Rio de Janeiro--but also to meet growing demand as the country's economy expands. Brazilian air travel jumped 23% in 2010, according to the country's Civil Aviation Authority, or Anac.
    The president said she also will create the post of secretary of civil aviation--who will have the status of federal minister--to coordinate action between Anac and airport operator Infraero. Civil aviation is currently managed by the Defense Ministry.
    The executive order creating a secretariat will likely be handed to the legislature by the end of this month, Rousseff told Valor.
    The investment of private capital in the country's airports will likely be accompanied by government investment, she said.
     
  2. Lyssa
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    Lyssa Silver Member

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    You guys have a woman president? Awesome! (And I guess sad that I didn't already know that, but it's hard to know the presidents of all of the countries).
     
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  3. jbcarioca
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    jbcarioca Gold Member

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    Whatever you want to know we'll be happy to tell you. Ask in a thread about President Dilma and i'll bore you to tears. She is quite wonderful!
     

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