Ceasaminas, Casemg and Docks of Espirito Santo among others to be privatized, Felipe Montoro Jens
Felipe Montoro Jens reports, the federal government of Brazil plans to make as R $ 44 billion investment into the economy, in an effort for an opportunity of expansion and job creation. It was announced the R $ 44 billion will be an investment covering 57 projects, and across 22 sectors. The projects are scheduled to be an open bid, in order to give private entities an opportunities for expansion and growth. The federal government’s Program of Partnerships and Investment (PPI) will be orchestrating this investment.
Felipe also noted that over half of the project bidding will not take place until the end of 2018. So far Felipe Montoro Jens says the R $ 44 billion investment will include infrastructure projects, airport enhancements and upgrades, and the privatization of public enterprises. Infraero, Brazil’s government owned enterprise, that is responsible for running all the major airports in the country, is planning to sale The Brasilia, Confis (Belo Horizonte), Galeao (Rio de Janeiro) and Guarulhos (Sao Paulo). Infraero currently owns 49% of each of the airports shares. See more on Twitter.
Felipe Monotoro Jens also reported, according to Ministry of Transportation stated bidding on highway projects will take place during the last three months of President Michel Temer’s presidential term in office. The highway BR-153 connecting Anapolis (GO), and Alianca (TO) will be part of the upgrades, despite it being denied when applied by the Galvao Group. BR-364 which connects Comodoro (MT) and Porto Velho (RO), is almost 800 kilometers of road. The Ministry of Transportation also says the Port terminal concessions of Belem (PA), Vila do Conde (PA), Paranagua (PR) and Victoria (ES) are all expected to be up for biding along with the others later this year.
Felipe Montoro Jens also listed the Mint, Ceasaminas, Casemg and Docks of Espirito Santo to be privatized as part the plans for stimulation.