Brazil in Road Quasi-Privatization

http://www.forbes.com/sites/kenrapoza/2012/08/10/brazil-opens-roads-to-privatization/

It’s not out right privatization, but the Brazilian government plans to announce billions in state asset sells to private investors through long term concession deals that would give the winning bidder the right to operate roads, rails and ports, many once built by the government, for around 30 years.

Brazilian president Dilma Rousseff is set to announce the concession projects next Wednesday in Brasilia, the nation’s capital. The total amount is estimated to be around R$90 billion, or $45 billion over the next five years.

Advertisements

Share What You're Doing On This!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: