Brazil To Sell Off Some Airports

Discussion in 'Brazil' started by sobore, Jul 24, 2012.  |  Print Topic

  1. sobore
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    sobore Gold Member

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    http://news.airwise.com/story/view/1343132260.html

    Brazilian President Dilma Rousseff is to auction off some of the country's airports as part of new measures aimed at boosting the country's economy, according to government officials.
    Moves to allow the private sector to manage more of the country's congested airports and seaports are likely to be welcomed by investors.

    Airports and seaports are routinely cited as some of the country's most crippling bottlenecks, slowing everything from commodities exports to business travel, as public investment failed to keep up with the boom in the economy over the past decade.

    Rousseff announced shortly after taking office in January 2011 that she would allow private capital to partly operate three strategic airports: two near Sao Paulo, and one in Brasilia. Concessions for those airports were awarded earlier this year.

    Read More: http://news.airwise.com/story/view/1343132260.html
     
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  2. uggboy
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    uggboy Gold Member

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    Privatization everywhere!:confused:
     
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  3. newbluesea
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    newbluesea Gold Member

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    Lets hope they never end up selling to the Spanish company that operates some UK airports notably LHR.
     
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  4. OY-JFS
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    OY-JFS Gold Member

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    Longterm investors, please!
     
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  5. jbcarioca
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    jbcarioca Gold Member

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    It is curious that this article appears now, because it announces news that happened a year or so ago. There are already three airport concessions awarded and more to come. All of this is proceeding quite deliberately, but there is progress. There are a couple of threads about this. I'll find them and post them here.
     

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