Brazil’s Privatization of Twelve Airports Seeks to Obtain R$2.1 Billion

Officials estimate that up to 12 companies, both with national and foreign capital, will participate in the three-block auction.

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazil’s government will auction off twelve airports on Friday which receive annually almost twenty million passengers, and hope to obtain a minimum of R$2.01 billion for the terminals. The airports will be auctioned off in blocks located in the Northeast, Southeast and Center-West. This is the first privatization auction of the Bolsonaro Administration.

"We are expecting a very competitive auction, many foreign and Brazilian operators, all of the first line that already operate major airports around the world should participate," said Secretary of Civil Aviation, Roney . . .

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