Privatizes three airports

The Government has raised R24.5 billion (US $14 billion) through the auction of three licenses to operate some of Brazil’s busiest airports. Invepar ACSA, a consortium led by local pension funds belonging to employees of state-run companies and including a South African airport operator, won the rights to operate Guarulhos, São Paulo’s international airport. A consortium led by the São Paulo-based construction company Engevix Engenharia won the bid for the airport of Brasília. Another consortium including Triunfo Participações e Investimentos (TPI) and France's EGIS Airport Operation won the concession for Viracopos in Campinas (São Paulo state). The new operators are expected to invest a total of R16.1 billion in the three airports over the next 20 to 30 years.

• Type:

  • Entry and establishment (Ownership and control)

• Industry:

  • Services (Transportation and storage)

• Sources:

  • Brazilian Civil Aviation Agency, Press release, http://www.anac.gov.br/Noticia.aspx?ttCD_CHAVE=470&slCD_ORIGEM=0, 06 Feb 2012
  • EIU, http://www.eiu.com/index.asp?layout=displayIssueArticle&issue_id=1068847091&article_id=1478847132, 01 Mar 2012