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Brazil to Privatize More Airports, Railways for Grains

Government plans to reduce country’s heavy reliance on road transport

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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.

Vasconcelos told Reuters on Monday that the Ferrograo and FIOL railway projects serving the central grain belt would be ready for bidding this year or early in 2020. Miner Vale S.A. and logistics company Rumo S.A. are also expected to sign early renewal of rail concessions this year, involving a commitment to new investments, he said.

The government plans to reduce Brazil’s heavy reliance on road transport for moving cargo to markets and ports by building more railways.

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