thursday, march 01, 2012

Brazil Airports

Brazil awarded operating concessions for three of the country's largest airports to a trio of international consortiums. The partial privatization of the facilities is part of a larger push to upgrade the country's critical transportation infrastructure in anticipation of the 2014 World Cup and the 2016 Olympics that will be held in Brazil.

The trio of contracts netted Brazil $14.3 billion—almost three and a half times the minimum set by the government. All include substantial upgrades to São Paulo’s Guarulhos airport, Viracopos Airport in Campinas and President Juscelino Kubitschek Airport in Brasilia.

My story on the auction, Brazil Privatizes Three Major Airports, is in this week's issue of Engineering News-Record.

posted by kleph @ 7:00 am |

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