January 21, 2019 / 9:02 PM / 6 months ago

Brazil to privatize more airports, railways for grains

BRASILIA, Jan 21 (Reuters) - 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.

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. (Reporting by Anthony Boadle and Jake Spring Editing by Leslie Adler)

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