Economy
Brazil: privatisation against the recession
The Plan of the new Brazilian government, heads of Temer: attract foreign investment with a privatization program, and thus several billion euros in revenues. Among other things, it comes to four airports.
The airport in Porto Alegre falls into the privatization program
“We have to turn to the private sector, because the state can’t do everything,” said President Michel Temer. As the government is in a deep recession slumped from one country to another, should be privatized the airports in Porto Alegre, Salvador, Fortaleza, and Florianópolis, in part, as well as large grain and fuel handling facilities. Furthermore, investors are able to provide for the operation of major Highways, hydroelectric power stations and of previously state-run companies such as the sewage disposal in Rio de Janeiro.
Michel Temer wants to go with reforms and austerity schemes out of the recession
Still on shrink rate
Brazil has been stuck for two years in a deep economic slump. In the second quarter, the economy shrank. Temer, who was sworn in after the impeachment of Dilma Rousseff until the end of August, as President, has already announced far-reaching reforms of the pension system, the labour law and the economy as a whole. A savings program is part of his plans.
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Temer and his center-right government enjoy in the financial markets and among Economists more confidence than the government of President rousseff, which had expanded in their term of office, the government spending. It is planned that all 25 to tender for upcoming large-scale projects to investors at least 20 percent of the shares.
Also the German prospective
The investment volume for the public banks planned measures and concessions is estimated to be 30 billion Reais (€8.1 billion). “For the government, it’s that Brazil is on a path of growth and jobs will be created, said transport Minister Maurício Quintella.
The German airport operator Fraport had been confirmed in may, his interest in Brazilian airport concessions. The need of renovation of Airports in the 200-million-inhabitants-of the country as an interesting Acquisition objects. Fraport operates in South America for over 15 years, the Lima airport.
fab/stu (dpa, rtr)