Brazil to auction seven more operating licenses
Brazil will auction seven additional port operating licenses as part of its privatisation plans, a government source has told Reuters.
The licences, the auctions for which are due to be announced on 26 March, relate to port terminals in the northeastern states of Paraíba and Pernambuco as well as in the state of São Paulo, the source said.
The government plans to auction several port licenses in 2018, Reuters reported on 1 March.
Licenses for 11 other port terminals will be auctioned in the second half of the year, Diego Piloni, the undersecretary in charge of ports at Brazil’s privatisation program, previously confirmed.
This year’s port auctions should generate a total of R$1.3bn (US$395m) worth of investments, Mr Piloni said.
The government would announce the auction of seven port licenses later in the day, newspaper Valor Econômico reported on Monday.
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