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Brazil to Hold 100 Asset Auction Sales by Year’s End, Says Infrastructure Minister

RIO DE JANEIRO, BRAZIL - The Minister of Infrastructure, Tarcísio de Freitas, said yesterday, July 28th, that the overcoming of obstacles involving workers' rights, achieved with the labor reform, has already been noticed by foreign investors and, with the attractive asset portfolio for auctions in the country; the trajectory of fiscal recovery; and the drop in the basic interest rate (SELIC), represents a set of factors that place Brazil in the investors' sights.

Freitas said that this whole scenario will allow over 100 government assets tp be sold at auctions by the end of the year; he stressed the concession . . .

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