Getting Ready for World Cup Brazil Privatizes Galeão and Confins Airports

Rio's Galeão airport Brazil’s Confins and Galeão airports, respectively in Rio de Janeiro and Minas Gerais, should be handed in to the private initiative. The Federal Government’s forecast is for the call to tender to be published in August 2013 and for the auction to take place in September. The measure was announced by the chief minister of the Civil Aviation Secretariat, Wagner Bittencourt, during the promotion of the Investment in Logistics Program, dedicated to airports.

According to the minister, the process for concession should strengthen air services during the 2014 Cup. Companies interested in participating in the process must be experienced in airports with a capacity for annual circulation of at least 35 million passengers. “Our expectation is for concession of Confins airport to result in an investment of R$ 6.6 billion (US$ 3.3 billion), and for Galeão airport to result in R$ 4.8 (US$ 2.4 billion),” said Bittencourt.

According to the government, the bids cannot include majority shareholders operating other airports, following, the standard used in airports that have already been tendered to the private initiative. “This means that all minority partners may participate,” said president Dilma Rousseff during promotion of the investment program.

Bittencourt also announced a series of measures for stimulation of regional aviation. “In a first phase, 270 airports should receive R$ 7.3 billion (US$ 3.7 billion) in investment, directly or through administrative partnerships,” he explained.

The Northeast will be among the regions most benefited, with R$ 2.1 billion (US$ 1.1 billion) in investment in 64 airports. In second place comes the North, to receive R$ 1.7 billion (US$ 900 million) for investment in 67 airports; the Midwest, in turn, should receive R$ 900 million (US$ 450 million) for investment in 31 airports, and the Southeast, R$ 1.6 billion (US$ 800 million) for 65 airports; and, finally, the South should receive R$ 1 billion (US$ 500 million) for investment to be made in 43 airports.

The government also announced the creation of company Infraero Serviços, to be a strategic partner of the national operators. “With this, we are going to qualify the ranks at Infraero and provide adequate services to other airports, possibly also extending services to airports not managed by the company,” said Bittencourt.

Anba

 

Tags:

You May Also Like

Brazilian troops in Haiti

Brazil & Co. Sold Their Souls to Bush in Haiti for a Few Pieces of Silver Dollar

Venezuela's President Hugo Chávez found a hero's welcome when he visited Haiti on March ...

4,000 Foreigners from 65 Countries Come to Brazil’s Leather Fair

Brazilian shoe producers exported higher added value products last year. The average price of ...

China and Brazil’s Fractured Infrastructure

Just last week, Brazil hosted the Chinese President, Hu Jintao on an official state ...

Bet on Weak Dollar Brings Brazil Firms Billion-Dollar Losses

The Brazilian central bank left the basic Selic interest rate unchanged for the first ...

Brazilian Opposition in Congress to Probe Vote-Buying Accusations Against Lula

Three Brazilian opposition parties – PDT, PPS, PV – started gathering signatures yesterday from ...

Brazil Honey Vendor Cuts European Middleman

Novo Mel, a Brazilian honey manufacturer, is preparing to enter the Arab market. The ...

Succession Has Started in Brazil

Lula says he is against reelection. He has positioned himself against this monstrosity stuffed ...

Brazilian Tunes for When Carnaval Is Gone

During Carnaval in Rio, Brazil, the streets vibrate with the thunderous beats of the ...

Real, the Brazilian currency

Brazil’s 2.9% Growth Is the Worst in South America

Brazil's economy expanded 2.9% last year compared to 2.35% in 2005 according to the ...

LETTERS

CDs or Books by Keyword, Title or Author By Brazzil Magazine The destruction of ...