Brazil's government, which has already begun the process of handing over airports to private investment, is now preparing 45 ports to be licensed to operators, Estado de S Paulo newspaper reported Friday. Read full article
Privatization - the pragmatic solution to a problem found to be insoluble by the State.
Many 'entrepreneurs' - including every adult relative of every politician - will be licking their lips at the prospect of extracting billions of reais from domestic and international trade alike.
The idea is to make through-port transportation more efficient;
it says nothing about the 'stickyness' of monies passing through the hands of those engaged in the process - either by the owners or by the operators.
Both me and millions of others have been 'blackmailed' up to the full value of the materials held in bonded warehouses, simply in order to get our goods released at the point of entry to the country.
And the arbitariness of the valuations placed on the goods is always massively in favour of the 'port authorities'.
So, imo, the privatizations needs major time and effort to remove ***corruption*** from port processes.
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Disclaimer & comment rulesPrivatization - the pragmatic solution to a problem found to be insoluble by the State.
Jun 25th, 2011 - 01:27 pm - Link - Report abuse 0Many 'entrepreneurs' - including every adult relative of every politician - will be licking their lips at the prospect of extracting billions of reais from domestic and international trade alike.
The idea is to make through-port transportation more efficient;
it says nothing about the 'stickyness' of monies passing through the hands of those engaged in the process - either by the owners or by the operators.
Both me and millions of others have been 'blackmailed' up to the full value of the materials held in bonded warehouses, simply in order to get our goods released at the point of entry to the country.
And the arbitariness of the valuations placed on the goods is always massively in favour of the 'port authorities'.
So, imo, the privatizations needs major time and effort to remove ***corruption*** from port processes.
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