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Government of Brazil earns over US$1 billion from airport concession

Fri, 17th Mar 2017

Three foreign groups will manage four airports in Brazil, for whose concessions they paid 3.72 billion reais (US$1.17 billion) during an auction held on Thursday in Brasilia, said Brazilian airport infrastructure company Empresa Brasileira de Infra-estrutura Aeroportuária.
The minimum investment projected for the four airports – Porto Alegre, Salvador, Fortaleza and Florianópolis – is 6.61 billion reais during the concession period, which ... More