Auction of 22 Brazilian airport concessions is scheduled for today

Called by the government Infra Week, the week of auction bids begins today, April 7th, with the concession of air terminals to private enterprise for 30 year periods.

RIO DE JANEIRO, BRAZIL - Projecting investments of R$10 billion, the government will carry out this week the auction of operating concessions for 22 airports, 1 railroad and 5 port terminals.

Divided into three regional blocks, the airports will be auctioned starting at 10am at the B3 stock exchange in São Paulo. The minimum bids will be R$130.2 million for the South Block, R$47.8 million for the North Block and R$8.1 million for the Central Block.

The bidders offering the highest premium over the minimum price for each block will win. The amounts . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?