Brazil Begins Infra Push With Airports

As Brazil rolls out four airport concessions for bid, U.S. president-elect Donald Trump and Brazilian president Michel Temer have agreed to include infrastructure as part of a US-Brazil economic growth meeting in February, the Brazilian government said.

Earlier this month, government officials began talks in Brasilia to discuss how to encourage U.S. companies to compete for Brazil’s infrastructure concessions. Among other things, the government is looking for ways to protect international investors from currency exchange risk.

On March 16 Brazil will auction concessions for four international airports. It will offer the winning consortia 100% ownership of their concessions, moving away from a long standing norm that gave 49% of each concession to state regulator Infraero.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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