Spain’s Aena SME SA and Switzerland’s Flughafen Zuerich AG last Friday won the right to operate two key Brazilian airport groups, in one of the first tests of President Jair Bolsonaro’s ability to draw foreign investment.
Brazil’s government will announce the privatization of southern airports, including Curitiba, in the second quarter of this year, according to Adalberto Vasconcelos, head of the PPI government program tasked with luring private investment in the country’s infrastructure.
The governor of Sao Paulo and likely centrist presidential candidate Geraldo Alckmin said that he would privatize Brazil's state-run oil company Petrobras if he wins the elections in October.
Fraport Brasil (a wholly-owned subsidiary of Fraport AG) started operations at Fortaleza’s Pinto Martins International Airport (FOR) and Porto Alegre’s Salgado Filho International Airport (POA).
Brazilian President Michel Temer signed a measure that paves the way for the privatization of Eletrobras, Latin America’s largest power company, according to a government official.