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The Brazilian government announced that it plans to start the privatization of Southern airports

  • Author:Caroline
  • Release on:2021-10-12

The Brazilian government announced that it plans to start the privatization of Southern airports and some railways from the second half of this year to the beginning of next year.
In the past, Brazil's cargo transportation was highly dependent on roads and insufficient infrastructure construction, which made the export cost of Brazilian soybeans and other crops relatively high. Therefore, the government hopes to expand the investment of the government and private enterprises in railway construction to alleviate the shortage of transportation capacity.
Vasconcelus, director of the Brazilian government's "investment partnership program", said that the government hopes to increase the proportion of goods transported by railway from the current 15% to 31% by 2025
In mid March this year, the government auctioned the franchise rights of 12 domestic airports for 30 years, with a final turnover of 2.377 billion reais, equivalent to about 623 million US dollars. It is expected that from the end of this year to the beginning of next year, two railway construction projects for transporting grain crops will be subject to bidding. Mining company vale and logistics company Rumo are expected to renew the railway franchise contract this year and promise to increase investment in improving railway capacity.
According to the plan of the Brazilian government, after the completion of the two railway construction projects named FICO and Fiol, it will be able to connect Brazil's "agricultural belt" with the north-south railway line and the Atlantic port, and transport 8 million tons of grain every year.